Railsbank today announced the promotion of Louisa Murray to Chief Operating Officer (COO) for the UK and Europe.

Ms Murray will play a central role in powering Railsbank’s regional growth strategy over the coming years. Her promotion comes after the recent appointments of Dov Marmor as COO for North America and Justin Xiao as COO for Southeast Asia.

Louisa Murray will focus on driving Railsbank’s continued expansion and helping the company build on its position as the pre-eminent Banking-as-a-Service (BaaS) player in the region. The announcement follows Railsbank’s recent US$37 million growth funding round, co-led by MiddleGame Ventures and Ventura Capital.

Prior to taking on her new role, Louisa Murray was Railsbank’s Head of Sales, leading the company’s growth strategy across business units and regions, as well as overseeing global marketing activities.

The appointment builds on Railsbank’s announcement in August about the acquisition of Wirecard Card Solutions’ card technology, UK and European clients and certain employees, making Railsbank the leading BaaS platform in Europe.

Louisa Murray commented on her appointment:

“I am honoured to take on this new role to help Railsbank execute its ambitious vision to democratise and embed financial services, and drive forward the open API economy.”

Ms Murray’s career spans more than 30 years in the financial services sector. She made her mark early on as one of the first female derivative traders at Barclays and CIBC and has been recently named a ‘Rising Woman in Crypto’ by Wirex and The Fintech Times.