Velocity Global Names James Loftus as New Chief Financial Officer
Velocity Global, a leading Employer of Record (EOR) service, has appointed James Loftus as its Chief Financial Officer, bringing over two decades of fintech and venture capital experience to help drive the company's strategic growth.
Velocity Global, a prominent Employer of Record (EOR) service, has appointed James Loftus as its new Chief Financial Officer, signaling a strategic move to strengthen its financial leadership and global expansion capabilities.
Loftus brings extensive experience in fintech, venture capital, and strategic advisory roles, most recently serving as Managing Partner at PayPal Ventures. In this previous role, he led a $1 billion early-stage fintech investment fund and helped develop the firm's AI investment strategy.
CEO Francoise Brougher highlighted Loftus's appointment as critical to the company's continued leadership in the EOR category. His expertise in scaling high-growth businesses is expected to play a significant role in shaping Velocity Global's financial and corporate strategy.
With a background spanning fintech, mergers and acquisitions, and venture capital, Loftus has a proven track record of advising founders and supporting high-growth startups. His strategic insights are anticipated to help Velocity Global expand its global talent management solutions across its 185+ country network.
Loftus expressed enthusiasm about joining the company, emphasizing its transformative approach to managing international workforces and delivering compliant employment solutions. His addition to the executive team underscores Velocity Global's commitment to innovation and strategic growth in the evolving global employment landscape.