Semafone has appointed David Sear, divisional managing director of Travelex Global Business Payments and a former director of WorldPay, as its chairman. Sear will share his industry experience with the Semafone team as the company continues its rapid UK growth and expands into new international territories.
As a senior executive at WorldPay from 1999 to 2003, Sear was one of the pioneers of secure online payments and experienced first-hand the challenges of maintaining consumer confidence in new channels for credit card payments. Since 2006 his leadership of two significant divisions of Travelex has brought close involvement with the demands of Payment Card Industry (PCI) compliance.
Sear is also chairman of fast-growing technology company Bango. He was introduced to Semafone by executive and non-executive search firm Intramezzo specialists in high growth, investment backed businesses.
Semafone announced its work with Sky earlier this month. The company has also signed partnership agreements with Intuate in South Africa and Acticall in France.
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