iSignthis, a payment and identity verification technology company, informed Finance Magnates this Tuesday that Or Kapelinsky has been appointed as the firm’s Executive General Manager.

Kapelinsky will lead the company’s European operations from their head office in Cyprus. There he will be responsible for iSignthis’ eMoney, transactional banking, identity verification and card acquiring services.

Commenting on the move exclusively to Finance Magnates, Kapelinsky stated: “I have always been inspired by companies taking a distinctive and clear position in very competitive markets. iSignthis is a unique company with impressive products and a strong vision. The company’s growth rates are impressive and I am excited to work along such an amazing team of professionals, all best-in class experts in the Fintech industry”.

Industry veteran

Kapelinsky joins iSignthis having spent nearly a decade in the financial services industry. Prior to joining the firm, he spent seven years as Managing Director of iCFD, the European wing of the brokerage firm iFOREX, where he presided over a sustained period of growth.

iSignthis noted that Kapelinsky’s significant experience in navigating the current European regulatory minefield would be extremely valuable to the firm. His knowledge of customer retention within compliance frameworks was highlighted as especially important to iSignthis’ future business strategy.

Discussing Kapelinsky’s move, John Karantzis, the Chief Executive Officer of iSignthis said: “We are delighted to have Or join our company. His track record in key roles especially in the heavily regulated Forex industry makes him a valuable addition to the team as we continue to deliver on the growth strategy of iSignthis’ product offerings. Or is particularly well versed in the requirements of MifiD2, CySEC and FCA AML regulations, and brings practical industry knowledge to iSignthis, which will be invaluable in both our operations as well as our product offerings”.