Coscetta joins in a brand new function that oversees the advertising and marketing, business and buyer success groups as Mews sees vital acceleration of cloud expertise
[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 expertise from profitable hospitality and fintech companies, together with Paxos and Compass (NYSE: COMP) to Mews.
“From our first conversations with Michael, it was clear that he likes a severe problem, and that he’s the right match for Mews at our subsequent stage of development,” stated Matt Welle, Mews CEO. “Michael’s expertise in scaling companies, together with groups and revenues, shall be invaluable as we proceed to speed up the adoption of cloud expertise in hospitality and past.”
Previous to becoming a member of Mews, Coscetta was Chief Income Officer at Paxos, a regulated blockchain infrastructure firm that supplied companies to international expertise and funds firms like PayPal, Financial institution of America, Nubank, Revolut and extra.
His earlier roles additionally embrace CCO and Technique Officer at Compass, an actual property tech firm, the place he helped put together the corporate for his or her 2021 IPO and scale annual revenues to $2B. This adopted his time at Sq. (NYSE: SQ), a POS and fintech enterprise, the place as Head of International Gross sales he helped scale their gross sales crew to 5 nations throughout SMB, mid-market and enterprise segments whereas additionally main account administration and the onboarding of their enterprise prospects and platform companions.
“I really feel extremely lucky to be becoming a member of Mews at a time of serious development in an {industry} that’s ripe for disruption,” stated Coscetta. “Mews has an enormous alternative to additional rework hospitality and assist hoteliers develop their companies via trendy cloud expertise and fintech. With the ambition I’ve already witnessed firsthand, I’m sure Mews will make an enduring, significant influence.”
Mews is at the moment experiencing a severe acceleration in its development, fueled by a funding spherical in March of $110m, latest acquisitions together with HS3 Hotelsoftware, and quick adoption of cloud expertise in hospitality.
Mews now has 1,100 staff in over 20 nations, and Coscetta’s function continues the evolution of its administration construction to make sure success and scalability throughout an more and more complicated group. Coscetta relies in Miami and joins the Mews management crew.
