SafeCharge International Group Limited, a provider of technological payment solutions, has announced that Tsach Einav will step back into his role of Chief Financial Officer (CFO) on September 1 2017, and will act as a board member effective immediately. Mr. Einav will be replacing his predecessor Tim Mickley, who has made known his intention to step down in order to take part in new entrepreneurial opportunities.

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Mr. Einav, 43, began working at SafeCharge as its CFO back in 2006, and served as a key figure in the company’s development. He further had a role in SafeCharge’s acceptance to the London Stock Exchange AIM Market in the spring of 2014, working side by side with CEO David Avgi. Currently, he holds the position of General Manager at SafeCharge’s Israeli subsidiary. Mr. Einav is a certified public accountant, and holds a bachelor’s degree in economics and accounting, and a master’s degree in economics.

Roger Withers, the Chairman of SafeCharge, spoke highly of Mr. Einav’s contribution to the company over the past eleven years: “He has considerable experience within SafeCharge’s business, strong financial expertise and has been integral to the Group’s successful operations over many years. He has worked closely with Tim during this time and therefore we are confident of a smooth transition.”

This week, SafeCharge launched the Marketplace Manager, a new API solution, which is designed to answer marketplace oriented needs. It will also highlight a white label onboarding sale process and other related tools. The announcement comes at a time when new regulations are nearing, specifically Europe’s PSD2 which requires payment institutions to be licensed to carry out certain services.