In a strategic move poised to bolster its growth and expansion in Europe, Montonio, the European payment and ecommerce solutions provider, is thrilled to announce the addition of Johan Nord, formerly of Trustly, to its leadership team as Chief Revenue Officer.
This appointment marks a significant milestone for Montonio, reflecting the company’s current growth phase and its commitment to attracting top talent in the payments and fintech industry.
Johan joins Montonio with a wealth of experience and a proven track record of success from Trustly, where his leadership and dedication contributed substantially to making Trustly into the Open Banking leader it is today.
Johan commented: “I am thrilled to join Montonio as Chief Revenue Officer. I look forward to working with the talented and high performing team, and bringing to market the very compelling merchant offering across payments and post-checkout services. The combination of market leading conversion, availability of key local payment methods and the operational efficiencies delivered by the post-checkout services is unique. Provided together, they offer significantly more value than the component parts, which the growth in Montonio’s merchant base is clear testament to.”
Markus Lember, CEO and co-founder of Montonio commented, “It is with great pleasure we welcome Johan to Montonio. With the many exciting growth opportunities ahead for us, Johan’s leadership, experience and proven ability in scaling will be of great value to Montonio and the merchants we serve.”
Since the announcement of its Series A funding in 2022, Montonio has made significant progress by partnering with 6,000+ online stores in Poland, Germany, Lithuania, Latvia, Estonia, and Finland. The company has also enhanced its product offerings by integrating Apple Pay and Google Pay, directly incorporating BLIK into merchant checkouts in Poland, and introducing automatic refunds for online stores. The company has also formed strategic partnerships with Venipak for shipping within the Baltics and Inbank for exclusive BNPL and instalment payment services through Montonio’s checkout. A milestone achievement includes adding Totalizator Sportowy as a significant client in Poland. Moreover, Montonio’s secured extension to its Payment Institution License from the Bank of Lithuania enables the company to hold clients’ funds and provide additional payment services, marking a significant step in strengthening its fintech offerings.