[Global] Roland Folz appointed as CloudPay CEO

On August 14, leading global payroll organisation CloudPay announced the appointment of Roland Folz as Chief Executive Officer with immediate effect.

Mr Folz brings more than 30 years of international experience in strategic development and driving profitable growth across the financial services, mobility, telecoms and FinTech sectors. He joins CloudPay - a global employee pay provider - from Solaris SE where he reportedly established the company as the European market leader in embedded finance and Banking as a Service (BaaS). 

In his new role as CEO, Mr Folz will lead CloudPay into the next phase of profitable growth following the successful expansion of the company in recent years. With the Board and Leadership Team’s support, he will help the business deliver a world-class, end-to-end pay experience for its global customers by turning pay from an operational function to a business advantage.

“I am delighted to be joining CloudPay,” Mr Folz said. “This is a pivotal moment in the company’s development. With our market leading portfolio of services, highly talented global team and impressive customer base of leading brands, we will continue to transform the payroll and payments market globally.”

Mr Folz held senior leadership roles across various corporate and high-growth organisations, Including his role at Solaris, spending eight years at Deutsche Bank, four years at Deutsche Telecom and four years as CEO of Mercedes Benz Bank. As Co-CEO of Direkt Anlage Bank AG, he reportedly expanded Germany’s first discount broker into six European countries, eventually taking the company public in 1999.  

Source: CloudPay

(Quote via original reporting)

On August 14, leading global payroll organisation CloudPay announced the appointment of Roland Folz as Chief Executive Officer with immediate effect.

Mr Folz brings more than 30 years of international experience in strategic development and driving profitable growth across the financial services, mobility, telecoms and FinTech sectors. He joins CloudPay - a global employee pay provider - from Solaris SE where he reportedly established the company as the European market leader in embedded finance and Banking as a Service (BaaS). 

In his new role as CEO, Mr Folz will lead CloudPay into the next phase of profitable growth following the successful expansion of the company in recent years. With the Board and Leadership Team’s support, he will help the business deliver a world-class, end-to-end pay experience for its global customers by turning pay from an operational function to a business advantage.

“I am delighted to be joining CloudPay,” Mr Folz said. “This is a pivotal moment in the company’s development. With our market leading portfolio of services, highly talented global team and impressive customer base of leading brands, we will continue to transform the payroll and payments market globally.”

Mr Folz held senior leadership roles across various corporate and high-growth organisations, Including his role at Solaris, spending eight years at Deutsche Bank, four years at Deutsche Telecom and four years as CEO of Mercedes Benz Bank. As Co-CEO of Direkt Anlage Bank AG, he reportedly expanded Germany’s first discount broker into six European countries, eventually taking the company public in 1999.  

Source: CloudPay

(Quote via original reporting)