Mazooma Hires New CEO

We are delighted to welcome Justin Ferrabee as our new CEO, effective Aug. 12. An industry leader with extensive experience in the payments ecosystem, Justin takes the helm as Mazooma closes out a record first half. “Mazooma is poised as a frontrunner in this growing segment,” Justin says. “I’m excited to lead the company at such a pivotal time.”

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Payments Industry Leader Takes the Helm at Top iGaming Fintech Company

ATLANTA, GA 22, July 2019 — Mazooma, Inc. Board of Directors has appointed Justin Ferrabee as Chief Executive Officer, effective August 12, 2019.

The announcement comes as the fintech leader closes out a record first half to 2019, growing exponentially in support of igaming and sports betting operators and their continuing expansion across the US.

“There’s huge momentum in the industry right now as more and more US states legalize sports betting,” says Justin Ferrabee. “Mazooma is poised as a frontrunner in this growing segment, and I’m excited to lead the company at such a pivotal time.”

Mr. Ferrabee has extensive experience in the payments ecosystem, most recently as Chief Operating Office for Payments Canada, the organization responsible for Canada’s payment clearing and settlement infrastructure, processes and rules. There he had strategic oversight for many critical operational initiatives and industry modernization activities. Under his leadership, Payments Canada became the foremost voice in Canada’s payments environment.

“With Justin’s payments industry expertise and success in driving growth and innovation, he was the clear choice to propel our company into the future,” says Izabela Wakabayashi, representing the Board of Directors. “Now is the right time for a leader like Justin, and we are so pleased to welcome him to our team.”

Justin will be instrumental in scaling Mazooma while continuing to innovate in the service of our merchant clients and customer.


Notes to Editors:

Mazooma, Inc. is an innovative financial technology company that provides real-time, bank account level data intelligence and bank-verified payment processing for licensed online gaming and sports betting merchants in regulated U.S. markets. Mazooma’s patented online banking verification technology can be found on the checkout of every regulated igaming operator in the country and is trusted by industry-leading brands such as DraftKings, Fanduel, theScore, and PartyPoker.

Media Enquiries:
Sherrilynne Starkie, PR Advisor
Tel: +1 613 400 3654

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