Payments Platform Optty Kicks Off Next Stage of Growth with Appointment of Industry Leader Richard Miller as New CEO
SYDNEY, June 30, 2025 /PRNewswire/ -- Optty™, the Australian-founded global payments technology company, has appointed global industry leader Richard Miller as its new Chief Executive Officer, effective immediately.
Alan Miltz, Chairman of Optty said: "As CEO, Richard Miller will lead Optty's next phase of global expansion, scaling and streamlining our pioneering platform that connects more than 145 payment methods (including digital wallets, Buy Now Pay Later (BNPLs) and credit/debit cards) through a single integration."
Optty's Board of Directors sees Miller's appointment as key to Optty's commitment to growth through partnerships, financial inclusion and product innovation. Miller will continue to build enduring relationships with merchants, processors and payment providers as the Singapore-headquartered company scales up.
Miller says: "I'm thrilled to join Optty at this pivotal time. Optty has built an extraordinary proposition that simplifies and accelerates eCommerce and in-person payments for the world's merchants, processors and acquirers. In a world where ways to pay have proliferated, Optty offers a uniquely powerful solution to simplify the technical challenge of offering broad consumer choice."
"It will be my privilege to lead Optty's dedicated team as we work with our partners around the world to unlock the next wave of value and impact."
Miller's experience spans more than two decades of global leadership in fintechs, payments, and strategic consulting. His previous senior roles include ConnectID/ Australian Payments Plus, Deloitte, National Australia Bank and The Boston Consulting Group. Miller is widely respected across the Australian and international payments landscape for his strategic insight, collaborative leadership and deep industry expertise.
Miltz said: "Richard brings a rare combination of strategic clarity and execution experience across global payments. His leadership, deep fintech expertise, and commitment to partnership will be critical to delivering on our global ambitions. The Board and I are delighted to welcome Richard's appointment as CEO."
"For Optty it marks a significant step as we scale our reach and relevance in what is a rapidly evolving global payments landscape."
"We would also like to thank Steven Ritchie for his exceptional leadership as interim CEO and are pleased to announce that Steven will continue to help lead the business in an expanded capacity as Chief Operating Officer."
For interviews/more contact Media@optty.com
About Optty: Optty is a global payments infrastructure platform for PSPs, gateways, acquirers and merchants that provides a single integration to 145+ payment partners in 140 countries and 120 currencies (and growing). Optty empowers partners to access and provide payment innovation at scale, enabling them to add local payment methods across nine payment types; BNPL, digital wallets, credit/debit, gift cards/virtual cards, crypto, pay with points, open banking, P2P and payouts as well as additional value-added services in ESG, Fraud Prevention and Tokenization. Optty's simplified API integration requires no further development for any payment methods to be enabled, saving thousands of development hours for partners and merchants alike. Optty is a Certified B Corp, founded out of Australia and the UK, headquartered in Singapore and global in its service coverage.
Optty powers limitless ways to pay with unrivalled simplicity.
www.optty.comInquiries: Media@optty.com
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/payments-platform-optty-kicks-off-next-stage-of-growth-with-appointment-of-industry-leader-richard-miller-as-new-ceo-302493018.html
SOURCE Optty Pte Ltd
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
AI and Automation Drive Innovations, E-commerce Surge Fuels Demand
The Air Cargo Services Market is projected to grow from USD 61.2 billion in 2025 to USD 114.9 billion by 2034, at a CAGR of 7.3%. Key drivers include digitalization, AI-powered optimization, and sustainable aviation. Significant growth opportunities exist in e-commerce, manufacturing, and healthcare sectors. Air Cargo Services Market Dublin, June 30, 2025 (GLOBE NEWSWIRE) -- The "Air Cargo Services Market Outlook 2025-2034" report has been added to Cargo Services Market is valued at USD 61.2 billion in 2025. Further the market is expected to grow by a CAGR of 7.3% to reach global sales of USD 114.9 billion in 2034 The air cargo services market is a vital component of the global logistics industry, facilitating the rapid transportation of goods across international borders. This market encompasses a range of services, including cargo handling, freight forwarding, and logistics solutions. These services are essential for transporting time-sensitive and high-value goods, such as pharmaceuticals, electronics, and market is characterized by its dynamic nature, influenced by global trade patterns, economic conditions, and technological advancements. The scope of this market extends across various sectors, including e-commerce, manufacturing, and healthcare. The focus is on developing efficient, secure, and cost-effective air cargo services. The adoption of digital technologies is facilitating a shift from traditional, manual processes to automated, data-driven operations.2024 has seen significant advancements in the air cargo services market, with a focus on digitalization and automation. We've witnessed increased adoption of digital platforms for booking, tracking, and managing air cargo shipments. The integration of AI and machine learning has improved route optimization and demand forecasting. Furthermore, there's been a noticeable increase in the use of advanced tracking and monitoring systems, improving cargo security and visibility. The development of cold chain logistics solutions has also accelerated, ensuring the safe transport of temperature-sensitive goods. The use of data analytics to improve cargo handling efficiency has increased. The use of real time tracking has improved customer ahead to 2025 and beyond, the air cargo services market is expected to experience continued growth and innovation. We anticipate further advancements in autonomous air cargo operations, enabling unmanned aircraft to transport goods efficiently. The integration of AI with predictive analytics will enhance supply chain resilience and risk management. We also expect to see increased use of sustainable aviation fuels and electric rise of AI-powered logistics platforms will drive the need for solutions that can optimize end-to-end supply chain operations. Furthermore, the focus will shift towards developing more agile and responsive logistics networks, with the ability to adapt to changing market conditions. The use of advanced robotics in cargo handling will increase. We will also see increased focus on developing solutions for real time data sharing between all supply chain members. Air Cargo Services Market AnalyticsThe research analyses various direct and indirect forces that can impact the Air Cargo Services market supply and demand conditions. The parent market, derived market, intermediaries' market are analyzed to evaluate the full supply chain and possible alternatives and substitutes. Geopolitical analysis, demographic analysis, and Porter's five forces analysis are prudently assessed to estimate the best Air Cargo Services market deals and developments are considered for their potential impact on Air Cargo Services's future business. Other metrics analyzed include Threat of New Entrants, Threat of Substitutes, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Air Cargo Services Cargo Services trade and price analysis helps comprehend Air Cargo Services's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Air Cargo Services price trends and patterns, and exploring new Air Cargo Services sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Air Cargo Services Cargo Services Market Competitive IntelligenceThe proprietary company's revenue and product analysis model unveils the Air Cargo Services market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Air Cargo Services products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Air Cargo Services market update to stay ahead of the offerings in different segments across Asia-Pacific, Europe, Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Air Cargo Services market. The competition analysis enables the user to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market Insights Air Cargo Services Market Digitalization and Automation: Adoption of digital platforms and automated processes. AI-Powered Route Optimization: Improved efficiency through machine learning. Advanced Tracking and Monitoring: Enhanced cargo security and visibility. Cold Chain Logistics: Ensuring safe transport of temperature-sensitive goods. Sustainable Aviation: Adoption of sustainable fuels and electric aircraft. Growth of E-commerce: Increased demand for fast and reliable shipping. Global Trade Expansion: Need for efficient transportation of goods across borders. Technological Advancements: Innovations in digital platforms and automation. Demand for Time-Sensitive Shipping: Need for rapid delivery of high-value goods. Supply Chain Disruptions: Managing disruptions due to geopolitical events and natural disasters. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $61.2 Billion Forecasted Market Value (USD) by 2034 $114.9 Billion Compound Annual Growth Rate 7.2% Regions Covered Global Companies Featured Inc. China Railway Corporation UPS Airlines United Parcel Service Inc. Deutsche Post AG FedEx Corporation A.P. Moller-Marsk A/S United States Postal Service American Airlines Delta Airlines United Airlines Kuehne + Nagel International AG The Emirates Group Indian Railways JSC Russian Railways International Consolidated Airlines Group SA Qatar Airways Company QCSC LATAM Airlines Japan Airlines Co. Ltd. Cathay Pacific Airways Limited Cargolux Airlines International SA China Airlines Ltd. Cargill Incorporated Aeromexico Cargo Gol Airlines Azul Airlines Magma Aviation Limited China Airlines Cargo South African Airways Cargo Thai Airways Cargo Air Cargo Services Market Segmentation By Type Air Freight By Service Regular By Destination International By End-User Retail Third Party Logistics Food And Beverages Pharmaceuticals And Healthcare Other End Users By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Air Cargo Services Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
41 minutes ago
- Yahoo
TA Associates to invest in Australia's Viridian Financial Group
US-based private equity firm TA Associates is investing in Viridian Financial Group, an Australian financial services company. The terms of the 'strategic investment' remain undisclosed. The deal has received the clearance of Viridian's founders, board of directors, and senior management, who will collaborate with TA to drive the company's next stage of development after the transaction is finalised. The transaction is subject to standard conditions and is anticipated to close in the third quarter of this year. TA Asia Pacific head and TA managing director Edward Sippel said: 'Throughout our multi-year, deep dive into Australia's wealth management sector, Viridian consistently emerged as a leading innovator in its market segment, driven by its compelling asset platform, diversified product offering and strong culture of client and advisor alignment.' Set up in 2015 and based in Melbourne, Viridian oversees approximately $16bn in funds through its three specialised divisions - Viridian Advisory, Infinity Capital Solutions, and Smartmove Lending. These units cater to more than 15,000 clients, offering wealth management, investment solutions, and mortgage broking services. The partnership with TA is expected to bolster Viridian's capabilities by tapping into TA's global expertise and resources in the financial services sector. Viridian chair James Joughin said: 'By combining the strengths of both companies, the Viridian Board anticipates significant synergies, strengthening our position in the market as well as expanding our capabilities. 'We believe this transaction will create significant value for our shareholders in driving future profitability.' In December 2024, TA agreed to invest in Craigs Investment Partners, a wealth management firm based in New Zealand. "TA Associates to invest in Australia's Viridian Financial Group" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
an hour ago
- Associated Press
Globavend and Strawberrynet Cosmetics Execute Strategic Partnership
Partnership Brings Top Online Beauty Products Retailer to $8 Billion Australia Beauty and Cosmetics Market Perth, Australia, June 30, 2025 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (Nasdaq: GVH) ('Globavend'), an emerging e-commerce logistics provider, has announced a strategic partnership with Strawberry Cosmetics (Services) Limited, ('Strawberrynet'), a leading global online beauty retailer, to bring an expansive range of premium beauty products targeting the large and growing Australian cosmetics and beauty consumer market. The Australian cosmetics and personal market size is estimated to be approximately $8.7 billion in 2024, and is expected to reach $14 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 5.47% , according to a recent report from IMARC Group. In recent years, online retail sales growth in Australia have been significantly outpacing the broader market. According to the Australia Post, online retail sales rose by 12% in 2024, with health and beauty products up 13.4%—outpacing nearly all other sectors. This new partnership with Strawberrynet is expected to provide Australian consumers with industry-leading access to a wide selection of premium beauty brands while driving Globavend's continued expansion in the fast-growing e-commerce logistics sector. This new partnership is expected to significantly expand Globavend's e-commerce logistics presence in the fast-growing Australian market. 'We are very pleased to partner with Strawberrynet, bringing their extensive range of high-quality beauty products to the Australian market,' commented Frank Yau, Chief Executive Officer of Globavend. 'Strawberrynet has been an industry leader, and a pioneer in global beauty retail for over 25 years. Together, we're making it faster and easier for Australian customers to access their favorite cosmetic and beauty products—and we're proud to be the logistics engine behind that transformation.' 'The Australian cosmetics and beauty market is very large, with over $8 billion in annual sales, and growing at an accelerated pace. As a result, we view this as a very promising, high-impact growth opportunity for both Strawberrynet and Globavend,' concluded Mr. Yau. Leveraging its advanced logistics infrastructure across Hong Kong, Australia, and New Zealand, Globavend will streamline cross-border fulfillment for Strawberrynet, accelerating shipping times and improving the customer experience. As part of this partnership, Globavend will provide comprehensive logistics services, including secured airfreight capacity on national carriers, value-added services such as returns management and live customer support, and end-to-end parcel tracking. Equally important, Globavend is certified to handle the shipping of dangerous goods, such as many beauty products, ensuring safe and compliant delivery into Australia. This alliance comes at a pivotal moment for the Australian beauty sector, which is experiencing surging demand for international brands. The partnership enables consumers to enjoy a seamless online shopping experience while also helping new beauty brands establish a foothold in the market. As demand for international beauty products continues to rise in Australia, this collaboration reinforces Globavend's leadership in end-to-end logistics solutions, paving the way for further partnerships and market expansion. About Strawberrynet Founded in 1998, Strawberrynet has earned global recognition over 25 years, serving millions of customers in more than 200 countries. With over 30,000 products from 800+ international beauty brands, the platform is known for its competitive pricing, authenticity, and exceptional customer service. About Globavend Holdings Limited Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, airfreight forwarding, customs clearance, on-carriage parcel transportation, and final delivery. Forward-Looking Statements This press release contains certain forward-looking statements, including those regarding the Company's proposed transaction and its future potential. Words such as 'will,' 'future,' 'expects,' 'believes,' and 'intends,' or similar expressions, are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding Globavend's plans for international expansion and the performance of Globavend's products and service offerings. These forward-looking statements are based on Globavend's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to Globavend's ability to enhance service offerings in Australia and the ability to fulfill delivery demands. Investors should read the risk factors set forth in Globavend's Annual Report on Form 20-F for the year ended September 30, 2024, and subsequent reports filed with the SEC on or after the date thereof. All of Globavend's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Globavend to predict those events or how they may affect Globavend. If a change to the events and circumstances reflected in Globavend's forward-looking statements occurs, Globavend's business, financial condition and operating results may vary materially from those expressed in Globavend's forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking statements, and Globavend assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. For investor and media inquiries, please contact: Globavend Holdings Limited Wai Yiu Yau, Chairman and CEO [email protected] +61 08 6141 3263
