27 September 2016

Weve CEO Sear quits

25 June 2014  |  4976 views  |  0 david sear

Telco-owned UK mobile commerce joint venture Weve has lost chief executive officer David Sear, who has quit for a new job.

In a statement, Weve says that Sear will leave "in due course" but will continue to lead the firm until a replacement is in place.

"We have no further details to share at this stage and will be making details of our new CEO public in due course," says Weve.

After stints at Travelex and VocaLink, Sear joined Weve early last year, taking over from Nancy Cruickshank, who led the venture through its successful clearance by the EC.

EE, Telefonica and Vodafone have invested tens of millions of pounds in Weve, banding together to fight for a slice of the fast growing mobile commerce pie.

So far the venture has concentrated on mobile loyalty and advertising, launching its Pouch service in February. However, it is also working with MasterCard in an effort to roll out mobile NFC payments by early next year.
KeywordsEFTPOSPEOPLE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Weve taps Proxama for mobile loyalty service

Weve taps Proxama for mobile loyalty service

18 February 2014  |  3974 views  |  1 comments | 3 tweets | 4 linkedin
UK mobile operators partner MasterCard for NFC m-payments drive

UK mobile operators partner MasterCard for NFC m-payments drive

06 February 2014  |  11355 views  |  8 comments | 10 tweets | 15 linkedin
Weve appoints former Travelex man to lead mobile commerce joint venture

Weve appoints former Travelex man to lead mobile commerce joint venture

05 February 2013  |  6466 views  |  0 comments | 1 tweets
NFC plays second fiddle to advertising in UK mobile consortium plans

NFC plays second fiddle to advertising in UK mobile consortium plans

29 October 2012  |  8258 views  |  2 comments | 5 tweets | 2 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit i2cinc.comFind out moreVisit equens.com

Who is commenting?

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
13351 views comments | 51 tweets | 46 linkedin
Banks test blockchain for reference data managementBanks test blockchain for reference data m...
8557 views comments | 16 tweets | 27 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
8368 views comments | 32 tweets | 17 linkedin
FCA to kickstart sandbox with 24 applicantsFCA to kickstart sandbox with 24 applicant...
6946 views comments | 33 tweets | 15 linkedin
Time has come to extract value from blockchain investment – new Finextra paperTime has come to extract value from blockc...
6903 views comments | 22 tweets | 16 linkedin

Featured job

to £100K base, double OTE
London, UK

Find your next job