At a Glance
- Tasks: Lead and scale payments strategy across Banyan's European software portfolio.
- Company: Banyan Software is a fast-growing enterprise software company focused on niche markets.
- Benefits: Enjoy autonomy, impact, and a culture that values innovation and excellence.
- Why this job: Join a high-growth company with a mission to create lasting change in the payments landscape.
- Qualifications: Experience in payments or fintech, strong negotiation skills, and knowledge of European payment systems required.
- Other info: Banyan promotes diversity and equal opportunities for all employees.
The predicted salary is between 88000 - 104000 £ per year.
Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.
Role Overview
We are seeking a commercially savvy and technically fluent Head of Payments to lead and scale Banyan’s payments strategy across our growing European portfolio of software businesses. This high-impact role is ideal for someone who thrives in a dynamic environment, has deep experience with the pan-European payments ecosystem, and can lead cross-functional initiatives across diverse software businesses. The ideal candidate will act as a centralized payments expert—identifying strategic opportunities, negotiating with payment providers, and ensuring the successful implementation of payment solutions that create tangible value.
Key Responsibilities
- Strategic Revenue Enablement: Identify, assess, and execute on payments-related revenue opportunities across the portfolio, including transaction fees, embedded finance, interchange, and other monetization levers. Design and implement go-to-market and selling strategies for payments solutions in partnership with portfolio companies—working closely with founders and commercial teams to drive adoption and revenue impact. Act as a hands-on operator: a problem solver who can both create strategy and roll up their sleeves to implement it. Serve as a thought partner and enabler for sales hiring and performance, helping companies build scalable commercial motions. Develop performance benchmarks, financial impact models, and tracking mechanisms to quantify and optimize realized gains.
- M&A and Due Diligence: Support in assessing the payments infrastructure and commercial opportunity for each acquisition target. Estimate the addressable payments revenue opportunity based on industry benchmarks, customer profiles, and current provider arrangements. Design post-acquisition integration plans that outline clear steps to generate incremental payment-related revenue for the acquired business.
- Payment Provider & Fintech Partnerships: Own and manage relationships with key payment service providers (PSPs), ISOs, and other fintech vendors. Lead commercial negotiations to secure competitive rates and favourable terms. Establish and maintain a network of trusted providers aligned with Banyan’s long-term goals.
- Cross-Functional Execution & Enablement: Collaborate with product, engineering, finance, and operations teams across companies to deploy and optimize payment strategies. Act as a subject matter expert, supporting business leaders through workshops, implementation checklists, and ongoing advisory. Ensure compliance with regional payment regulations and data security standards (e.g., PSD2, PCI-DSS, GDPR).
- Technical Integration & Implementation: Translate negotiated agreements and strategies into actionable playbooks and documentation for use by portfolio companies. Work closely with internal stakeholders and business leaders to support the rollout of payment solutions, ensuring alignment with product, legal, and compliance requirements. Serve as a consultative partner to help troubleshoot technical and operational challenges during implementation.
Qualifications
- Relevant experience in payments, fintech, or embedded finance, with a significant focus on the European payments ecosystem.
- Proven ability to drive revenue and cost savings via strategic payment initiatives.
- Deep knowledge of payment infrastructure (gateways, acquiring banks, POS systems, APIs, terminals) and practical experience implementing online and point of sale payment technologies into vertical or B2B SaaS environments.
- Strong commercial negotiation skills and established relationships with European payment providers.
- Experience working in a decentralised or multi-business environment is a strong plus.
- Excellent communication, stakeholder management, and analytical capabilities.
Why Join Banyan?
- Lead payments strategy at a high-growth, global software provider with a long-term horizon.
- Work across industries, technologies, and business models with autonomy and impact.
- Join a culture that values entrepreneurial thinking, operational excellence, and pragmatic innovation.
Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.
Head of Payments - UK & Europe (London) employer: Banyan Software
Contact Detail:
Banyan Software Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Payments - UK & Europe (London)
✨Tip Number 1
Network with professionals in the payments and fintech sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues or mentors who can provide insights into the role and company culture at Banyan Software.
✨Tip Number 2
Familiarise yourself with the latest trends and technologies in the European payments ecosystem. Being well-versed in current developments will not only boost your confidence but also demonstrate your commitment and expertise during discussions.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented payment strategies in previous roles. Highlight your problem-solving skills and ability to drive revenue through innovative payment solutions, as these are key aspects of the position.
✨Tip Number 4
Research Banyan Software's portfolio and understand their business model. Tailoring your conversation to show how your experience aligns with their goals will make you a more attractive candidate for the Head of Payments role.
We think you need these skills to ace Head of Payments - UK & Europe (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payments, fintech, and embedded finance. Focus on your achievements in driving revenue and cost savings through strategic payment initiatives, as this aligns with the role's requirements.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the payments ecosystem and how your skills can contribute to Banyan Software's mission. Mention specific experiences that demonstrate your ability to lead cross-functional initiatives and negotiate with payment providers.
Showcase Your Technical Knowledge: Highlight your understanding of payment infrastructure and technologies in your application. Discuss any practical experience you have with online and point-of-sale payment systems, as well as your familiarity with compliance standards like PSD2 and PCI-DSS.
Demonstrate Leadership Skills: Provide examples of how you've successfully led teams or projects in a dynamic environment. Emphasise your ability to act as a thought partner and enabler for sales performance, which is crucial for the Head of Payments role.
How to prepare for a job interview at Banyan Software
✨Understand the Payments Ecosystem
Make sure you have a solid grasp of the European payments landscape. Familiarise yourself with key players, regulations, and trends in the industry. This knowledge will help you demonstrate your expertise and show that you're ready to lead Banyan's payments strategy.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've led with payment providers or fintech partners. Highlight how you secured favourable terms and built long-lasting relationships. This will illustrate your ability to drive revenue and cost savings for the company.
✨Demonstrate Cross-Functional Collaboration
Be ready to discuss your experience working with diverse teams, such as product, engineering, and finance. Share specific instances where your collaboration led to successful payment strategy implementations, showcasing your ability to work across different functions.
✨Prepare for Technical Questions
Since the role involves technical integration and implementation, brush up on your knowledge of payment infrastructure and technologies. Be prepared to answer questions about APIs, gateways, and compliance standards, as this will show your technical fluency in the payments domain.