Paycode Appoints Industry Veteran Colin Digby as Chief Revenue Officer to Drive Global Expansion

Paycode has appointed industry veteran Colin Digby as Chief Revenue Officer to lead its global revenue strategy and partnership expansion. For the fintech sector, this move highlights the growing commercial viability of high-security, offline-capable payments infrastructure in markets where traditional banking has historically struggled to maintain a consistent or secure presence.

What was announced

Paycode has announced the appointment of Colin Digby as Chief Revenue Officer. In this role, Digby will be responsible for leading the company’s global revenue strategy and expanding its network of partnerships with commercial banks, national governments, and international development organizations. Digby is a veteran of the global payments and foreign exchange sectors, having held leadership positions at several of the world’s most prominent financial institutions, including Mastercard, Barclays, Deutsche Bank, JPMorgan, Citibank, and Crown Agents Bank.

The move is aimed at scaling the reach of Paycode’s proprietary EDAPT technology. This system is designed to provide secure, offline-capable payment and identity solutions in environments where connectivity is limited or non-existent. The technology suite includes biometric identification, verification, and authentication, alongside tools for fraud prevention, agent banking, and real-time transacting. Paycode’s infrastructure is currently deployed in some of the world’s most complex and challenging markets, including the Democratic Republic of Congo (DRC), Ethiopia, Ghana, Zambia, Sudan, Syria, and Afghanistan. By integrating biometric data with digital money and KYC capabilities, the platform seeks to bring formal financial access to populations that have traditionally been excluded from the global economy.

"Having spent my career connecting hard-to-reach markets to the global financial system, joining Paycode felt like a natural next step. This is a business with real technology solving real problems, bringing identity and access to people who have been locked out of the formal economy for too long. I’m really looking forward to working with the world-class Paycode team and our partners to build on the momentum and open up new markets around the world."

Colin Digby, Chief Revenue Officer, Paycode

The companies involved

Paycode is a fintech provider specializing in secure, end-to-end payment technology designed for the unbanked and underserved. Its core mission is to provide biometric identity and affordable financial access in regions like Africa. The company’s EDAPT solution is a custom-designed technology suite that handles biometric identification, fraud prevention, and offline real-time transacting. Digby joins from Mastercard, where he served as Senior Vice President, Transfer Solutions Europe; Mastercard is a dominant force in the global payments market with a significant footprint in cross-border transfers.

His career also includes tenures at Barclays, which has a long-standing presence in African banking markets, and Deutsche Bank, a major player in global transaction banking. With additional experience at JPMorgan, Citibank, and Crown Agents Bank—a UK-regulated bank focused on emerging markets and FX—Digby brings a level of institutional experience rarely seen in the financial inclusion niche. This background positions the company to better interface with the global financial system while operating in complex, disconnected environments. Gabriel Ruhan is the CEO at Paycode.

What FF News has reported before

FF News has previously tracked the intersection of global banking and emerging payment technologies. We recently reported on how TerraPay Partners with Deutsche Bank to Scale Global Cross-Border Payment Connectivity, a move that parallels the industry's focus on reaching difficult markets through specialized partnerships. Our coverage also includes the institutional shift toward secure digital infrastructure, as seen in Taurus Unlocks Full Hedera Stack for 40+ Global Banks to Scale Digital Asset Tokenization. Furthermore, we have monitored the evolution of real-time payment frameworks, such as when norisbank Launches Wero: Real-Time European Payments for Direct Banking Customers. Additionally, the broader industry focus on these regions is highlighted by the fact that Money20/20 Middle East Returns to Riyadh: Global Fintech Leaders to Shape the Future of Finance in 2026.

What this means

The appointment of a CRO with such a deep institutional pedigree signals that the "last mile" of financial inclusion is transitioning from a developmental goal to a major commercial opportunity. The fintech industry is currently under immense pressure to provide more than just digital wallets; it must now deliver robust, KYC-compliant infrastructure that functions in disconnected environments. By bringing Tier-1 banking experience into a firm focused on markets like the DRC and Afghanistan, the sector is moving toward a more standardized approach to high-risk payments. The open question remains whether traditional commercial strategies can be effectively adapted to the unique regulatory and logistical challenges of the world’s most underserved regions.