Payments start-up Checkout.com poaches Meta crypto exec to lead product strategy

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LONDON — Checkout.com, a $15 billion payments start-up based in Britain, has hired Meta executive Meron Colbeci as its chief product officer. Colbeci joined Meta, the company formerly known as Facebook, in 2018 as director of product management to help develop its Novi cryptocurrency wallet and other payment initiatives. He was most recently Novis head of consumer product management, working closely with the divisions outgoing chief, David Marcus. "David is an icon and a financial services visionary," Colbeci told CNBC via email "I learned a lot from him in our time together and consider him a mentor and a friend, but I was attracted to what Checkout.com had to offer and the companys vision for the future of payments." Colbeci will initially join Checkout.com from its office in the San Francisco Bay Area, California, but he plans to relocate somewhere in Europe over the next year.

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