Velocity Global has appointed James Loftus as its new Chief Financial Officer, bringing over two decades of strategic financial expertise to the global workforce management company. Loftus, previously a Managing Partner at PayPal Ventures, will play a critical role in shaping the company's financial and corporate strategy.
With extensive experience in fintech, mergers and acquisitions, and venture capital, Loftus has a proven track record of supporting high-growth businesses. At PayPal Ventures, he led a $1 billion early-stage fintech investment fund and helped develop the firm's AI investment approach, advising numerous startups in fintech, artificial intelligence, and global commerce.
CEO Francoise Brougher highlighted Loftus's potential contribution, noting his expertise in scaling businesses will be crucial as Velocity Global continues to lead the Employer of Record category. The company provides comprehensive international workforce management solutions across more than 185 countries, combining AI-powered technology with local expertise.
Loftus expressed enthusiasm about joining Velocity Global, emphasizing the company's transformative approach to global talent management. His background suggests he will be instrumental in driving the company's strategic expansion and enhancing its ability to deliver compliant, seamless employment solutions for businesses operating internationally.
