Checkout.com has appointed the former finance chief of Visa Europe as its interim CFO as incumbent Nirupam Sinha prepares to depart.

Philip Symes will take over the finances of digital payments firm Checkout.com on an interim basis as Sinha, who was appointed to the CFO role three years ago, will leave the company later this month.

Symes worked as Visa Europe’s CFO for a decade from 2006 to 2016. The incoming Checkout.com executive has also led the finances of Cambridge Education Group and investment consultancy Redington.

“This is a very exciting time to be joining Checkout, a leading European fintech that’s gained strong momentum – and has such a solid strategy for 2025 and beyond,” said Symes.

“It’s a unique opportunity to shape the financial strategy of a high-growth business ready for the next stage of its journey. I’m excited to get stuck in.”

Checkout.com said Symes would be key in supporting the London-based company’s global expansion in areas such as Japan, Brazil and Canada.

“Highly respected for his deep expertise in payments – [Symes] is ideally placed to join us on this next phase of our journey,” said Checkout.com CEO Guillaume Pousaz.

“I’m personally excited to partner with Philip on Checkout’s future growth. At the same time, we say goodbye to Nirupam, who is leaving to pursue another career opportunity. We’re grateful for his leadership – and his contribution to the company’s growth and success.”

Founded in 2012, Checkout.com was at a time Britain’s most valuable private tech company, worth $40bn at its peak.

After multiple internal valuation cuts, the firm is now worth $11bn, while Revolut holds the title of the UK’s – and Europe’s – most valuable tech firm with a valuation that hit $45bn this year.

In February, Checkout.com posted widened losses for its 2022 accounts of £100.5m, 400% higher than its $25m loss the year prior. Its next set of accounts are due by the end of December.

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