{"id":3741906,"date":"2026-05-18T12:12:10","date_gmt":"2026-05-18T16:12:10","guid":{"rendered":"https:\/\/www.pymnts.com\/?p=3741906"},"modified":"2026-05-18T22:02:29","modified_gmt":"2026-05-19T02:02:29","slug":"banking-circle-names-mastercard-veteran-kush-saxena-ceo","status":"publish","type":"post","link":"https:\/\/www.pymnts.com\/personnel\/2026\/banking-circle-names-mastercard-veteran-kush-saxena-ceo\/","title":{"rendered":"Banking Circle Names Mastercard Vet Kush Saxena as CEO"},"content":{"rendered":"<p>Commerce-focused FinTech platform <a href=\"https:\/\/www.bankingcircle.com\/\">Banking Circle<\/a> picked a new chief executive.<\/p><div\r\n\tid=\"article-paywall-overlay\"\r\n\tclass=\"d-none\"\r\n>\r\n\t<div id=\"article-paywall-content\" class=\"my-4\">\r\n\t\t\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f2699550-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"2699550\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> 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maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"47\"\/><script>document.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\r\n\t<\/div>\r\n<\/div>\r\n<div id=\"article-paywall-hidden-content\">\r\n\t\n<p><a href=\"https:\/\/www.linkedin.com\/in\/kush-saxena-9472665\">Kush Saxena<\/a>, a veteran of <a href=\"https:\/\/www.mastercard.com\/us\/en.html\">Mastercard<\/a> and merchant acquirer <a href=\"https:\/\/www.getnetworld.com\/\">Getnet<\/a>, was named to the CEO role Monday (May 18), the company said in a <a href=\"https:\/\/www.bankingcirclegroup.com\/2026\/05\/18\/banking-circle-group-appoints-kush-saxena-as-group-ceo\/\">news release<\/a>.<\/p>\n<p>He replaces co-founder <a href=\"https:\/\/www.linkedin.com\/in\/anders-la-cour-48b6a53\/\">Anders la Cour<\/a>, who will move into a senior advisory role, the release said. Laust Bertelsen, the company\u2019s other co-founder, will stay on as CEO of the affiliate Banking Circle S.A. and transition out over the next 12 months.<\/p>\n<p>\u201cAnders, Laust and the team have built something genuinely unique, a technology-led financial infrastructure platform of real global scale, trusted by some of the most demanding clients in financial services and digital commerce,\u201d Saxena said in the release. \u201cI am honored to be joining at this exciting moment.\u201d<\/p>\n<p>Saxena has more than two decades of experience in the global payments and FinTech space, serving most recently as CEO of Santander-owned Getnet, Latin America\u2019s largest merchant acquirer. Before that, he spent eight years with Mastercard, most recently as a member of its global management committee and executive vice president of Mastercard\u2019s merchants and acceptance division, according to the release.<\/p>\n<p>\u201cHis proven track record in scaling global payments platforms, strong operating rigor and technology-led approach is complementary to the existing group board and management team, and I am excited to partner with him to deliver on the significant growth opportunity that lies ahead,\u201d Banking Circle Chairman <a href=\"https:\/\/ch.linkedin.com\/in\/ralphhamers\">Ralph Hamer<\/a> said in the release.<\/p><div id=\"pymnt-932633718\" class=\"pymnt-content pymnt-entity-placement\" style=\"margin-top: 50px;\"><p style=\"text-align:center\">Advertisement: Scroll to Continue<\/p><script async type=\"text\/javascript\" id=\"dianomi_context_script\" src=\"https:\/\/www.dianomi.com\/js\/contextfeed.js\"><\/script> \r\n<div class=\"dianomi_context\" data-dianomi-context-id=\"4329\"><\/div><\/div>\n<p>The personnel change follows Banking Circle\u2019s receipt of a cryptocurrency-asset service provider (CASP) license and the launch of its <a href=\"https:\/\/www.pymnts.com\/blockchain\/2026\/banking-circle-unveils-stablecoin-settlement-after-landing-crypto-license\/\">stablecoin settlement<\/a> services in April.<\/p>\n<p>\u201cThe award of our CASP license is an important milestone for Banking Circle, as well as for the broader payments ecosystem,\u201d Bertelsen said in a news release at the time. \u201cStablecoins have fast evolved from a peripheral innovation into core infrastructure for cross-border settlement, treasury management and financial inclusion.\u201d<\/p>\n<p>The <a href=\"https:\/\/www.pymnts.com\/cryptocurrency\/2025\/the-stablecoin-market-is-220-billion-are-businesses-actually-using-them\/\">stablecoin market<\/a>\u2019s market cap is $293 billion, with annual payment-related transaction volumes estimated at $387 billion, and monthly on-chain volumes of over $9.3 trillion, the company said in April.<\/p>\n<p>Against this backdrop, Banking Circle\u2019s stablecoin settlement service is designed to provide a \u201cfully integrated solution\u201d for institutions aiming to capitalize on stablecoin rails\u2019 speed and efficiency, the company said at the time.<\/p>\n\r\n<\/div>\r\n<script>\r\n\twindow.pymntsAllowedArticleCount = 1;\r\n\twindow.pymntsPostID = 3741906;\r\n<\/script>","protected":false},"excerpt":{"rendered":"<p>Commerce-focused FinTech platform Banking Circle picked a new chief executive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content \u2014 no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2705220,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","pymnts_footnotes":""},"categories":[17754],"tags":[4055,9617,39073,7617,9206,4277,133069,5299,10835],"class_list":["post-3741906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personnel","tag-b2b","tag-b2b-payments","tag-banking-circle","tag-fintech","tag-news","tag-personnel","tag-pymnts-news","tag-whats-hot","tag-whats-hot-in-b2b"],"acf":{"suggested_titles":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banking Circle Names Mastercard Vet Kush Saxena as CEO<\/title>\n<meta name=\"description\" content=\"Kush Saxena, a veteran of Mastercard and merchant acquirer Getnet, was named as the CEO of Banking Circle.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pymnts.com\/personnel\/2026\/banking-circle-names-mastercard-veteran-kush-saxena-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking Circle Names Mastercard Vet Kush Saxena as CEO | PYMNTS.com\" \/>\n<meta property=\"og:description\" content=\"Commerce-focused FinTech platform Banking Circle picked a new chief executive. 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