Shiliashki will also join the myPOS Board of Directors.

Shiliashki brings a global view on payments, having worked across four continents for companies such as PayPal, Mastercard and more recently PayU where he successfully managed all stages of Growth, M&A and Exit.

Shiliashki will join the strong executive leadership team, which will continue to be supported by the Board of Directors and Advent International, one of the largest and most experienced global private equity investors.

Mario Shiliashki commented:

“I am thrilled to be joining myPOS at such a pivotal time in its development. I am truly excited to work with such a strong team and to lead the business into its next stage of growth, as it continues to be at the forefront of disruption in the industry. myPOS is ideally positioned to take advantage of the opportunities ahead and empower enterprises to solve their payment challenges.”

Fabio Cali, Managing Director at Advent International, commented:

“It’s a great pleasure to welcome Mario Shiliashki to myPOS and I look forward to working with him. He brings global scaling and payments experience and has Bulgarian roots. Advent is delighted to acquire myPOS, following its significant success and development over the years, and will provide extensive payments and financial services knowledge to support the next phase of myPOS’ growth.”

Laurent LeMoal, Chairman of the Board at myPOS, commented:

“Mario Shiliashki brings a wealth of experience in the industry and we’re very pleased to have him on board. Supported by Advent International’s expertise and investment, myPOS is well placed to grow, while preserving its differentiated business model and its competitive value proposition.”

With the recent developments, myPOS will become even more nimble and resilient, investing in scalability, automation and more innovative solutions. This is a strategic step for the fintech company, which recently opened new showrooms in Italy and France, and is preparing for another wave of expansion.