Stax Payments Appoints Valentin Neiconi as Chief Risk Officer

Risk and fraud executive brings over a decade of experience to elevate processes to drive more frictionless experience for merchants and partners

ORLANDO, Fla.--(BUSINESS WIRE)--Stay Payments, a leading payment technology provider, has appointed Valentin Neiconi as Chief Risk Officer. Neiconi brings more than 15 years of experience in risk and fraud management leadership to his new role, with a deep background in developing fraud risk solutions, risk data collection and analysis, and compliance. Most recently, Neiconi was the Head of Fraud & Risk North America for Adyen. He also serves as part of Visa’s Risk Executive Council .

"In an era where technology shapes the future of payments, Stax's vision to revolutionize embedded payments aligns perfectly with my passion for risk prevention," said Neiconi. “Ensuring that our product offerings are scalable and secure is top of mind for me, and I look forward to supporting our merchant and partner customers.”

"I am delighted to have a Risk leader with Valentin's outstanding background join the Stax executive leadership team," said Paulette Rowe, Stax CEO. "With his wealth of experience and industry knowledge, Valentin will spearhead transformative efficiencies within our risk and underwriting functions, strengthening our commitment to provide a frictionless payment experience for our merchants and partners.”

Valentin is the latest addition to Stax’s executive team which in the last year has attracted a number of payment industry leaders including Mark Sundt as CTO, Jenn Reichenbacher as CMO, Amy Waldhauer as Chief Commercial Officer, Lisa Roberts as General Counsel, and Paulette Rowe as CEO in August of 2023.

About Stax

Stax Payments is a leading, high-growth payments technology provider that helps software companies, resellers, and SMBs realize the value of integrated payments for their business. Stax helps drive incremental revenue through frictionless, secure, and reliable payment processing and recurring billing solutions. From robust reporting to easily reconciled payments, Stax offers a full suite of adaptable tools and payment features to build the right solution at any scale, unlocking partner and customer success. Since 2014, Stax has grown to process over $30 billion in payments and serve more than 30,000 businesses and software platforms across the U.S. and Canada.