Payment platform Paysafe will strengthen its position in North America by appointing an established iGaming executive, Zak Cutler as its new CEO. He will take charge of putting the company’s strategy into effect in order to remain one of the leading payment options in this part of the world. The UK-based Paysafe Group is the name behind the ever-popular Paysafecard prepaid payment method, and it has also acquired e-wallets Skrill and Neteller in recent years.
Paysafe saw an opportunity to become an integral part of the North American iGaming market from the start. The provider has already partnered with many regulated gaming and iLottery brands in Canada, and now Cutler will help Paysafe to keep up the good work.
Cutler’s experience in the industry and a spotless reputation of taking both small and big iGaming companies to the next level is the reason why Paysafe chose him. Before joining Paysafe, Cutler held the VP of Strategy and Product position at Jackpocket, a state lottery app.
What’s more, Cutler played a key role in developing a strategy that helped Jackpocket expand into several US states and attract millions of new lottery players. He also helped grow the brand’s presence by working with popular sports teams and huge names in the iGaming industry, such as Barstool Sports.
Cutler also worked as the Director of Product Management for DraftKings. Working for such a prominent name in the industry speaks volumes about one’s knowledge and abilities in the respective niche.
The CEO of Paysafe, Philip McHugh, believes Zak Cutler will help the company live up to its full potential in North America. Thanks to his proven leadership skills, Cutler will establish trust between iGaming operators and users through safe and reliable Paysafe transactions.
Cutler doesn’t doubt that he’s the right man for the job, especially because he used Paysafe in the past. As a former customer, he always admired how Paysafe paved its way through the rising iGaming industry in North America and is now proud to join this prosperous team.