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Mews welcomes fintech leader Michael Coscetta as President

  • Mews
  • 24 July 2024
  • 2 minute read
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This article was written by HotelSpeak. Click here to read the original article

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Coscetta joins in a new role that oversees the marketing, commercial and customer success teams as Mews sees significant acceleration of cloud technology 

[New York, 23 July] – Mews, the industry-leading hospitality cloud, is delighted to announce the appointment of Michael Coscetta as President. Coscetta brings a wealth of experience from successful hospitality and fintech businesses, including Paxos and Compass (NYSE: COMP) to Mews.

“From our first conversations with Michael, it was clear that he likes a serious challenge, and that he is the perfect fit for Mews at our next stage of growth,” said Matt Welle, Mews CEO. “Michael’s experience in scaling businesses, including teams and revenues, will be invaluable as we continue to accelerate the adoption of cloud technology in hospitality and beyond.”

Prior to joining Mews, Coscetta was Chief Revenue Officer at Paxos, a regulated blockchain infrastructure company that provided services to global technology and payments companies like PayPal, Bank of America, Nubank, Revolut and more.

His previous roles also include CCO and Strategy Officer at Compass, a real estate tech company, where he helped prepare the company for their 2021 IPO and scale annual revenues to $2B. This followed his time at Square (NYSE: SQ), a POS and fintech business, where as Head of Global Sales he helped scale their sales team to five countries across SMB, mid-market and enterprise segments while also leading account management and the onboarding of their enterprise customers and platform partners.

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“I feel incredibly fortunate to be joining Mews at a time of significant growth in an industry that is ripe for disruption,” said Coscetta. “Mews has a huge opportunity to further transform hospitality and help hoteliers grow their businesses through modern cloud technology and fintech. With the ambition I’ve already witnessed firsthand, I’m certain Mews will make a lasting, meaningful impact.”

Mews is currently experiencing a serious acceleration in its growth, fueled by a funding round in March of $110m, recent acquisitions including HS3 Hotelsoftware, and fast adoption of cloud technology in hospitality.

Mews now has 1,100 employees in over 20 countries, and Coscetta’s role continues the evolution of its management structure to ensure success and scalability across an increasingly complex organization. Coscetta is based in Miami and joins the Mews leadership team.

Please click here to access the full original article.

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