AltFi
- Sep 1, 2022

Railsr nabs ex-Mastercard chair

Railsr, formerly known as Railsbank, has hired ex-Mastercard chair Rick Haythornthwaite to become its new chairman.

Haythornthwaite is no stranger to senior board positions, having served as chairman of Centrica from January 2014 to February 2019, chairman of the Creative Industries Federation since 2017, independent non-executive chairman for Ocado Group since May 2021, and chairman of The AA since March 2021.

Railsr CEO Nigel Verdon said in a LinkedIn post he welcomes Haythornthwaite as his "new boss”.

Recent Posts

See All

Railsr Achieves Series C Milestone

Railsr, the world leading embedded finance platform, has today announced that it has closed its Series C round, raising $46m. The Series C fundraise constituted $26m of equity and $20m of debt. The eq

Railsbank becomes Railsr as it sets its sights on owning the financial layer of the Internet

World-leading embedded finance experiences platform, Railsbank, has changed its name to Railsr, and launched a rewards offering, signifying that it is ready to create and deliver the next evolution in

Sustainability paytech Helpful’s digital wallet cuts transaction CO2 by 80%

UK-based sustainable paytech Helpful has partnered with Railsbank and Plaid to launch a digital wallet it claims can save up to 80% on the CO2 emissions created from transactions. The digital wallets