Spiros Margaris Appointed to Saudi’s STC Pay’s Board of Directors

Spiros Margaris Appointed to Saudi’s STC Pay’s Board of Directors

by 25. August 2020

Spiros Margaris, Swiss venture capitalist and founder of Margaris Ventures, shared on Twitter that he would be a Board Member and Member of the Executive Committee of digital wallet STC Pay.

STC Pay, a subsidiary of the Saudi Telecom Company, was recently in the spotlight for its collaboration with Visa to launch a digital payment solution across Saudi Arabia.

In August, STC Pay had signed cooperative partnerships with Saudi-based companies Moyasar and SMSA Express Transportation in order to provide digital payment services for customers.

This board position will be in addition to the positions that he holds at Credit Suisse backed fintech company Canopy, Germany-based insurtech wefox Group, SparkLabs Group among others.

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