Paysafe names Rob Schonfeld as chief revenue officer

Paysafe has named Rob Schonfeld as chief revenue officer, giving the New York-listed payments group a single executive to coordinate how it sells to merchants and partners. The company, which trades on the NYSE under the ticker PSFE, describes itself as a global payments platform built for the experience economy.

Revenue leadership has grown more prominent across the payments industry as growth depends on winning larger merchants, deepening relationships with existing clients and aligning sales, product and partnership teams around a common plan. A chief revenue officer typically owns that combined effort and reports to the chief executive. The title has become common at listed payments companies seeking a clearer line of accountability for top-line performance.

Paysafe's positioning centers on the experience economy, a label the industry uses for spending tied to leisure, travel, dining, entertainment and other in-person activities. Merchants in those areas need payments handled consistently across online and physical channels, making distribution and commercial execution central to the company's growth story.

The announcement did not include further terms of the appointment or a detailed list of responsibilities. Investors will be watching whether the new revenue chief can turn the company's specialist focus into broader merchant relationships over time.