Fortumo hires Google veteran Tim Carter as CRO

The mobile payments company Fortumo is today announcing the appointment of Tim Carter as its Chief Revenue Officer, based in the company’s London office. Tim previously established Google’s Android business development team in Europe, Middle-East and Africa starting from 2009, launched payments for Google Play and managed mobile operator and device partnerships in the region. His responsibility at Fortumo will be heading the company’s global business development and its strategic business lines.

“Fortumo already provides carrier billing to the largest number of companies globally and Tim’s experience from building up Android and Google Play’s billing solutions gives us added trust and leadership to scale up new areas of our business. Carrier billing has the potential to replace credit cards in certain segments and regions where it outperforms bank-based payments in terms of user-friendliness and coverage,” said Martin Koppel, CEO of Fortumo.

“Mobile payments are the safe alternative to cash for the vast majority of people on the planet and are also driving innovations in consumer experience in Western markets. Fortumo’s team has created the go-to operation worldwide for merchants and mobile operators to monetise digital content in emerging markets in a secure and scalable way. The company’s continued investments in engineering, operations and partnerships are setting it up for further capitalisation of global smartphone populations, at a time when the mobile payments industry is about to revolutionise how the world buys goods and services,” added Tim Carter.

Tim Carter worked in Google’s Android team since its first device launched in 2008, helping to grow the Android ecosystem from zero users to 1.5Bn+ worldwide today. During that time he established mobile payments connections for Google Play in over 20 countries and catalysed Android's adoption through key device partnerships, like the Verizon Droid and the Nexus programme. Immediately prior to joining Fortumo, Tim had established and led Google's specialist Android business development team in Africa to grow Android adoption throughout next wave markets.

In addition to world's top digital merchants, Fortumo has recently connected leading global app stores to its platform. Fortumo is also the first carrier billing company to pilot carrier billing for the sale of physical goods together with Rovio & Singtel in Singapore. The company forecasts the carrier billing volume for new business segments to stand at $1 trillion.

In addition to recruiting its first CRO, Fortumo has also significantly expanded its business development team in Asia (having opened offices in Delhi and Singapore in 2014) as well as its technical team in Estonia to bring the company’s technical platform to the level needed to process payments for the strategic business lines.

During 2014 Fortumo signed partnerships with more than 20 leading carrier groups and carriers in South-East Asia, Europe and Latin America. Fortumo additionally expanded its payment coverage to 10 new countries (Singapore, Philippines, Jordan, Bahrain, Iraq, Oman, Pakistan, Georgia, Kenya and Moldova).