CEO MONTHLY / JANUARY 2025 18 avid Nunn founded Rvvup in 2020, building upon an illustrious career with many leadership positions across various industries. From his role as Senior Business Development Manager at Western Union Business Solutions and Director of Worldwide Sales at CGI, to Head of Desk at Schneider Trading Associates and General Manager at Braintree, David has demonstrated a distinct ability to lead a team towards certain success. Over the course of his career, David built the knowledge and skills necessary to succeed in the competitive landscape of financial software. “My success is not due to natural ability – it is simply hard work and discipline only,” he says. “Effort beats talent all day long, and culture eats strategy for breakfast. During my time as an early employee at Braintree in 2013, I witnessed first-hand the chaos and inefficiency that fragmented payment systems create for merchants. Managing separate providers for cards, PayPal, BNPLs was a nightmare.” This inefficiency was further highlighted by the COVID-19 pandemic as much of the world was forced to operate online overnight. For the first time since the rise of card networks, the world saw new payment rails emerging in the forms of open banking, blockchain, and a new multi-rail era. As one payment rail suddenly became three, the complexity of operations for merchants skyrocketed like never before. This was felt most acutely in the B2B sector, with an astonishing 60% of B2B companies lacking the appropriate eCommerce capabilities during the pandemic. Rvvup was born from David’s vision of a world in which the complexities of diverse payment systems are a thing of the past, replaced by the ease of a single, cohesive payment experience. Whilst a single, universal payments standard may not be in our imminent future, Rvvup aims to make this a practical reality for merchants around the world by becoming the universal standard for payments. Driving Rvvup’s operations is a reverence for high performance, further facilitated by David’s honed leadership style. The CEO opts to act as a funnel for the business’s biggest challenges, which has allowed the team to cultivate a cross-functional, open-communication operating rhythm that enables each department to remain up to date with department happenings at all times, negating the need for constant High Performance, Top Results Research from Statista shows that 28% of shoppers abandon their carts if their preferred payment method is unavailable. Londonbased, Rvvup is a third-generation, multi-rail payment platform that enables businesses to manage all payment options from one singular interface, including debit and credit cards, digital wallets, open banking, and digital currencies. We speak with David Nunn below, Founder and CEO of Rvvup, as he wins his title in the CEO of the Year Awards 2024. communication between leaders, killing siloes, and dramatically speeding up operations. At Rvvup, David has intentionally constructed a small, agile, and deeply committed team operating at an advanced level. After downsizing from almost 60 people to just 15, Rvvup has created a culture rooted in focus, collaboration, and transparency. Each member of the team has a voice that is valued and heard in discussions, which leads to stronger decisions that directly reflect the needs and opinions of the team. “As CEO, I actively foster this culture by staying approachable and accessible to the team,” David says. “I ensure that wins are celebrated, challenges are addressed headon, and that everyone understands how their work connects to the larger mission. I make a point to lead by example – showing grit during tough times and staying humble during successes. Whether it’s rolling up my sleeves to help with a task or simply taking time to listen, I work to reinforce that we are all in this together.” Moving forward, David tells us that Rvvup will be laser-focused on scaling its impact in the B2B payments space. Over the next 12 months, the company will continue its mission of simplifying the payments and invoicing experiences for B2B merchants, enabling them to offer seamless, modern solutions that meet the evolving needs of today’s buyers whilst driving efficiency and cost savings. As for David himself, we learn that the CEO will be pouring his attention into making Rvvup the number one choice for B2B merchants on a global scale. Throughout 2025, David’s sole focus will be on growing the business and his team, enhancing his leadership capabilities, and demonstrating exactly why he has been named the FinTech CEO of the Year 2024 – UK. “We’ve come a long way by creating a space where people are genuinely invested in what we do and each other’s success,” he reflects. “It’s this tight-knit, high-performing culture that gives Rvvup its edge and it’s something I’m very proud to be part of.” D Contact: David Nunn Company: Rvvup Web Address: rvvup.com
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