Velocity Global Names James Loftus as New Chief Financial Officer to Drive Global Expansion

Velocity Global, a leading Employer of Record (EOR) platform, has strategically appointed James Loftus as its new Chief Financial Officer, signaling the company's commitment to continued growth and innovation in the global workforce management sector.

Loftus arrives at Velocity Global with an impressive background spanning over 20 years in financial leadership, most recently serving as Managing Partner at PayPal Ventures. In this previous role, he led a significant early-stage fintech investment fund exceeding $1 billion and played a critical role in developing the firm's artificial intelligence investment strategy.

CEO Francoise Brougher emphasized the strategic importance of Loftus's appointment, noting his extensive experience in scaling high-growth businesses will be crucial to the company's continued leadership in the EOR category. His expertise in guiding startups and providing strategic advisory services across fintech, AI, and global commerce sectors positions him uniquely to drive Velocity Global's financial and corporate strategy.

The appointment comes at a pivotal moment for Velocity Global, which operates in over 185 countries and provides comprehensive international workforce management solutions. By combining AI-powered technology with local, in-country expertise, the company has established itself as a transformative force in simplifying global employment processes.

Loftus expressed enthusiasm about joining the organization, highlighting the company's mission of positively impacting businesses' ability to manage global talent. His background in venture capital and strategic advisory roles suggests he will bring valuable insights into financial optimization and strategic expansion.

With his academic credentials from Boston College and NYU Law, Loftus brings not only financial acumen but also a comprehensive understanding of the legal complexities inherent in international workforce management. His appointment signals Velocity Global's continued commitment to providing seamless, compliant solutions for businesses expanding their global workforce.