Volt appoints PayPal’s Matt Komorowski as chief revenue officer

Open Payments gateway Volt has hired Matt Komorowski (pictured) from PayPal, as its new chief revenue officer.

He joins Volt after nearly a decade at PayPal where he has been leading the payments giant’s channel partnership business across APAC, LatAm, and MEA for the past three years.

Prior to that, Komorowski served in a number of senior commercial and leadership roles at PayPal, across Northern, Central, and Eastern Europe.

At Volt, he will help to drive the adoption of its Open Banking products with merchants and PSPs worldwide, and will work on hiring “the best talent to start hyperscaling”.

Tom Greenwood, founder and CEO of Volt, said: “We are delighted to have Matt onboard. At a key time for our business, he brings a wealth of experience in payments and in driving high-growth in scale organisations.

“Matt has proven his success in optimising revenue and strategic growth for global companies. Combined with his expertise in bringing innovative payments models to new markets, he’ll be invaluable in working with us to realise our vision of real-time payments everywhere.”

Komorowski’s career has also spanned Groupon, where he worked on building the sales organisation in Poland, and the Boston Consulting Group.

“Volt’s culture is centred around building an organisation where sales and product development interact and exchange information very quickly, ensuring merchants are getting the products that they need,” said Komorowski.

“As Volt continues to scale, we want to make sure that that part of the culture remains at the core of its strategy.”

He added that, globally, there is huge potential for transformation in the payments sector.

“It is driven by the growing need for consumers to gain freedom and control over their finances and their money, and for merchants everywhere to be able to securely receive payments in real time, via one seamless experience, without friction, and freed from traditionally high fees.”

Last year, Volt raised $23.5 million in a Series A funding round led by EQT Ventures, and in November, the company entered the Latin American market with its launch in Brazil.