"Petra Financial's growth and ability to capitalize on recent client announcements with the world's leading Bank HSBC will be aided by strong commercial management," says Petra Financial CEO David Sinclair.

"Tony Marks has been with Petra Financial from the outset and has completed a number of successful commercial contracts and partnerships which are key to our future. Tony's experience in banking, trade finance; his commercial acumen, and his market knowledge strengthens the executive team and prepares us better to grow and develop successful commercial relationships", David Sinclair further comments.

Tony Marks, Chief Commercial Officer of Petra Financial adds: "Across the world, we are seeing growth in the demand for our payments solutions from customers--- from software companies wanting to work with us, and from service bureaus wanting to integrate our solutions into their portals. I am delighted to have the opportunity of working in such an exciting and innovative environment where demand for our services is growing, despite recent turmoil."