Fintech

Mews Welcomes FinTech Leader Michael…

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Hospitality cloud company Mews has named Michael Coscetta president.

He joins from Paxos, a regulated blockchain infrastructure company that has provided services to global technology and payments companies such as PayPal, Bank of America, Nubank, Revolut, where he was Chief Revenue Officer.

His previous roles also include CCO and chief strategy officer at Compass, a real estate technology company, where he helped prepare the company for its 2021 IPO and grow annual revenue to $2 billion.

Previously, he worked at Square, a POS and fintech company, where he served as head of global sales.

Coscetta helped expand the sales team across five countries in the SMB, midsize, and enterprise segments, including account management and onboarding enterprise customers and platform partners.

The new role will see him responsible for the marketing, commercial and customer success teams.

He will join the Miami-based management team.

“From our first conversations with Michael, it was clear that he enjoys a serious challenge and that he is the perfect fit for Mews in our next phase of growth,” said Matt Welle, CEO of Mews.

“Michael’s experience in growing businesses, including teams and revenue, will be invaluable as we continue to accelerate the adoption of cloud technology in the hospitality industry and beyond.”

Coscetta said: “I feel incredibly fortunate to be joining Mews at a time of significant growth in an industry that is poised for a transformation.

“Mews has a huge opportunity to further transform hospitality and help hoteliers grow their businesses through modern cloud and fintech technology. With the ambition I have already seen first-hand, I am confident Mews will have a lasting and meaningful impact.”

This news comes after the recent acquisition of HS3 Hotel Software and its $110M funding round in Marchwhose growth trajectory is accelerating.

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