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VibePay, the fast-growing real-time payment and data ecosystem regulated by the FCA, has announced the appointment of Conor Tiernan, a former Klarna executive, as its new Head of Insights.
Conor, who played a pivotal role in launching Klarna’s Kosma and later led the company’s Open Banking efforts, brings his wealth of experience to VibePay, where he will spearhead sales and partnerships for its innovative insights platform.
Launching later in 2024, VibePay Insights provides brands and businesses the opportunity to reach new customers based on their transactional activity, using VibePay’s AI assistant to identify trends and consumer spending behaviours. This data can then be actioned either directly in the VibePay eco-system or export offline for use elsewhere.
For the past three years, VibePay has been expanding its network, serving consumers, sellers, financial institutions, and now brands. Through its Channels feature, VibePay connects all the moving parts, allowing users to send and receive money in real time, message, and share media—creating a seamless environment for conversational commerce, banking, and more.
VibePay’s Channels feature offers a unique distribution model, linking brands and financial institutions to engaged users who are primed to transact. As account-to-account (A2A) payments become increasingly commoditised, VibePay’s focus is on unlocking the full potential of Open Banking data to drive meaningful engagement between brands and consumers.
VibePay recently secured an additional £5 million in funding from existing investors, including Nick Candy, bringing total funding to £12 million. With increased capital and rising revenues, VibePay is poised to become a leading force in the UK’s real-time payments and data sector, marking a significant milestone for UK Open Banking.
