Alex Gersh, a former executive with two prominent names in the sports betting space, has filled the Chief Financial Officer (CFO) vacancy at Paysafe.

The new hire joins the payments platform from Sportradar, where he has served as CFO since July 2020, overseeing a period of strong growth for the Swiss-based sportstech and data firm, as well as its successful listing on the US Nasdaq exchange.

Additionally, Gersh has prior betting industry experience as a former Board Director and CFO of Paddy Power Betfair from 2016 to 2018, having been financial chief at Betfair prior to its merger with Paddy Power.

“Paysafe has a highly diversified and relevant digital payments offering in the specialised industries it focuses on including gaming and entertainment,” he remarked.