iSignthis, a payment and identity verification technology company, informed Finance Magnates this Tuesday that Or Kapelinsky has been appointed as the firm’s Executive General Manager.

Kapelinsky will lead the company’s European operations from their head office in Cyprus. There he will be responsible for iSignthis’ eMoney, transactional banking, identity verification and card acquiring services.

Commenting on the move exclusively to Finance Magnates, Kapelinsky stated: “I have always been inspired by companies taking a distinctive and clear position in very competitive markets. iSignthis is a unique company with impressive products and a strong vision. The company’s growth rates are impressive and I am excited to work along such an amazing team of professionals, all best-in class experts in the Fintech industry”.

Industry veteran

Kapelinsky joins iSignthis having spent nearly a decade in the financial services industry. Prior to joining the firm, he spent seven years as Managing Director of iCFD, the European wing of the brokerage firm iFOREX, where he presided over a sustained period of growth.

iSignthis noted that Kapelinsky’s significant experience in navigating the current European regulatory minefield would be extremely valuable to the firm. His knowledge of customer retention within compliance frameworks was highlighted as especially important to iSignthis’ future business strategy.

Discussing Kapelinsky’s move, John Karantzis, the Chief Executive Officer of iSignthis said: “We are delighted to have Or join our company. His track record in key roles especially in the heavily regulated Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term industry makes him a valuable addition to the team as we continue to deliver on the growth strategy of iSignthis’ product offerings. Or is particularly well versed in the requirements of MifiD2, CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term and FCA AML regulations, and brings practical industry knowledge to iSignthis, which will be invaluable in both our operations as well as our product offerings”.