Cashless payments and software services company USA Technologies, Inc. has announced Fernando Lopez Lacroix as vice president of business development, effective from 21 September, 2020. Lopez Lacroix will identify new business opportunities and develop strategic plans to increase the company’s presence in Mexico and explore prospects in the rest of Latin America and the Caribbean. He will report to chief revenue officer Anant Agrawal.
Lopez Lacroix has more than 30 years of combined leadership and management experience in the payments industry, with the last 25 years spent at VeriFone Systems where he helped grow LACAR revenues from less than $40M in 2002 to over $300M in 2012.
“Fernando brings to the company invaluable experience, demonstrated success and a broad industry network, which will help us expand our reach in untapped international markets,” said Sean Feeney, CEO, USA Technologies. “His contribution to VeriFone Systems is renowned and we look forward to benefiting from his leadership, expertise, and vast knowledge of the payments industry landscape in Latin America and the Caribbean.”
“Fernando has a long history as a senior executive in the payments industry with long-standing relationships in the market,” said Anant Agrawal, Chief Revenue Officer, USA Technologies. “His depth of experience and breadth of contacts will allow him to hit the ground running and add great value to the team.”