Equals Money, one of the subsidiaries of Equals Group (LON: EQLS), has hired Tom Kiddle as the company’s new Chief Commercial Officer. He is based in London and has already started the new role.
“I’m happy to share that I’m starting a new position as Chief Commercial Officer (CCO) at Equals Money!” Kiddle wrote on a Linkedin post.
Equals Money is the business-to-business (B2B ) division of the group. Its offerings include international payments, expense management, faster payments and also a white-label broker platform.
Though Kiddle did not reveal his responsibilities at the company, he will be a crucial addition to its executive team. Moreover, he joined the company when it shifted its focus from the retail space to B2B segments. The revenue of the company climbed 52 percent in 2021 to touch £44.1 million. Its gross profits reached £24 million, which was a year-on-year jump of 31 percent.
An Experienced Payments Executive
Kiddle brings more than a decade of payments industry experience to his new role. He joined Equals from WorldFirst, another London-based B2B payments company. There, he spent more than three years and separated as the UK Country Manager. He joined the company as the Head of Dealing for EMEA and worked for a couple of years as the Head of Commercial, UK.
He started his career in the payments industry in April 2010 at Travelex. Later, he became a part of Western Union, which was previously Travelex Global Business Payments. He spent almost eight and a half years at various divisions of Western Union in several key roles.
According to his Linkedin profile, he separated from Western Union International Bank in April 2016 after serving three years and four months as the company’s Head of Dealing FX Services.