Jacob Schwartz Named Head of Business Development
Payability, the largest independent funding and payments platform for eCommerce sellers in the U.S., today announced the expansion of its sales and marketing team with the addition of Anas Sohail as VP, Head of Sales and Jacob Schwartz as its Head of Development and Partnerships.
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“We listen to our customers and are continuing to innovate to empower growing eCommerce entrepreneurs with flexible funding”
Sohail will be responsible for further expanding Payability’s sales and business development efforts, reporting directly to co-founder and CEO Keith Smith. He brings deep financial services experience to Payability, having worked at large institutional banks and fintechs to develop and grow their sales functions. Most recently Sohail managed the B2B vertical at Stripe, where he created the playbook, strategy, and vision within their Growth segment. Prior to Stripe, Sohail helped introduce Checkout.com’s enterprise payments solution to North America and spent more than a decade managing transaction banking verticals at Citi, BNP, and Bank of America.
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“The payments market is saturated with both existing and new players. Payability, however, stands out, solving for an immediate need in the eCommerce world. For more than half a decade it has been helping eCommerce sellers to get the funding they need to succeed in a world dominated by providers who are unable to understand their capital requirements. I am looking forward to moving Payability’s mission forward to help sellers to grow their businesses,” said Anas Sohail, VP, Head of Sales at Payability.
Also Jacob Schwartz, who was previously Partnerships Manager at Payability, has been named Head of Business Development & Strategic Partnerships. Schwartz is a seasoned fintech executive serving in executive roles at the largest alternative lending companies for small businesses including BlueVine, Fundera and OnDeck. Schwartz will oversee partnerships with marketplaces with solution providers, and other industry partners and Payability’s financing and accelerated payout solutions. Schwartz will be reporting to Deidre Hudson, who joined Payability earlier this year as VP of Growth Marketing.