Based at Token’s San Francisco headquarters, Gaurav is responsible for Token’s open banking platform, which enables banks, merchants and third-party providers to build PSD2-compliant payment and data aggregation services based on a single, universal API. He oversees international technology teams in London and San Francisco and will play a fundamental role in shaping Token’s vision for the future of open banking and payments, including launching new digital money solutions. As more markets and players look to capitalise on the opportunities presented by open banking and digital money, Gaurav will also support Token’s partner and customer relationships, drawing on his experience executing and leading large-scale, global projects for traditional and non-traditional payment companies.

Commenting on his new role, Gaurav Kohli said: “The clear vision for open banking from founders Steve Kirsch and Marten Nelson is what first attracted me to Token. They saw the problems facing the ecosystem and developed a solution that helps all parties connect quickly, securely and at a low cost. I’m now working with technology teams to expand on Token’s achievements, with new solutions that will continue to evolve the global payments landscape and support the next stage of Token’s journey.”

Founder and CEO, Steve Kirsch, comments: “Token has transitioned from being a small start-up in a large ecosystem to a leading enabler of open banking with a network of customers and partners across the world. The first step on our journey was the release of TokenOS, which is fast becoming the world’s leading open banking platform. We’re now looking at new ways to innovate payments with digital money and ID solutions, which will change the movement of money for everyone. Gaurav has proven success in driving operational and process maturity for global companies and, combined with his senior management experience and technical ability, will help us realise our vision for the future.”

Token’s technology team combines years of highly successful execution and innovation in the technology, banking and security sectors. Gaurav brings over 15 years of leadership experience in technology and payments, including over five years at Visa as Vice President of Product Development, Architecture and Platform Engineering, where he was responsible for merchant and acquirer processing, and nearly two years at Renew Financial as Executive Vice President of Technology. He will report directly into Token’s founder and CEO Steve Kirsch.