Railsbank eyes sports industry as big business development area

Leading embedded finance experience platform Railsbank has announced several strategic moves to support growth and build expertise in the sports industry, including the appointment of two senior leaders.

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Clearly marking sports as one of its key business development areas for 2022, the company has appointed:

• Former England Rugby Captain and current Leadership Mentor at England Rugby Union, Will Carling, OBE, who has an advisory role within Railsbank’s Partnerships Team. His role at Railsbank will involve supporting the further development of Railsbank’s partner ecosystem.
• Former Formula 1 Board Advisor, Jon Hall, as senior advisor. Jon’s responsibilities at Railsbank will include advising on, developing and supporting the implementation of business strategies for the company across a range of markets.

To further cement Railsbank’s commitment to growing its presence within the sports industry, Railsbank co-founder and CEO Nigel Verdon is set to become a mentor to the England rugby team. Verdon will use his long financial services industry experience to help players develop their own careers once they retire from the game.

Nigel Verdon, commented: “It is the natural next step to build our sports proposition as we have a deep understanding and insight into sports at Railsbank. We have a number of employees who have invested large parts of their own lives across a whole spectrum of sport, including a number of international champions and Olympians, myself proudly included in that list (admittedly a long time ago in my teens)”.

Nigel continued: “I am thrilled to showcase our investment into this arena with a number of highly influential hires. Will and Jon both join Railsbank at a time of great growth and opportunity, with Railsbank at the forefront of innovation in developing and implementing Embedded Finance experiences for fans across sporting types.”

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