New iBanFirst CDO Stadnicki, who joins from Microsoft, will be responsible for managing business intelligence, business analytics and data engineering teams at the Paris-based global financial services provider.

These departments, overseen by Stadnicki, will leverage data, AI and machine learning across all company workstreams responsible for the client portfolio, such as sales, finance and R&D.

As well as serving as senior research engineer at Microsoft until August 2020, where he created AI products for Azure, Stadnicki served for six years in senior development and engineering roles at AdTech company Criteo.

The appointment comes as part of iBanFirst’s data-driven hyper-growth financial services strategy, and follows three-figure revenue growth, as well as the announcement of its latest funding round.

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“I’m delighted to join the iBanFirst team to fuel its growth in Europe and on a global basis, to achieve its global ambition of becoming number 1 in FX payments,” said new CDO Stadnicki.

“With a PhD in mathematics, and with my software engineering background in Silicon Valley and at Microsoft, I realised the potential for data insights and applied artificial intelligence and machine learning within the Fintech market.

“I was attracted by iBanFirst’s already fast-growing business, and through applying emerging technologies – within the context of the new European Directive and the open banking framework – we can now support its hyper-growth trajectory.”

Pierre-Antoine Dusoulier, CEO of iBanFirst, commented: “As we navigate the ’new normal’, innovations in the Fintech sector will have a truly transformative impact on small and medium-sized businesses and their ability to make cost-efficient payments.

“At iBanFirst, we understand the importance of embracing emerging technologies such as artificial intelligence, machine learning, and data orchestration to optimise the experience of our customers.

“The appointment of Yann Stadnicki as chief data officer strengthens our global market position as a world leader in financial services. The new hire is a great asset to the iBanFirst business and is part of our hyper-growth strategy.

“We are using the power of data to offer our customers the information that will help them make smarter decisions and operate more effectively.”