Coscetta joins in a brand new position that oversees the advertising and marketing, industrial and buyer success groups as Mews sees important 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 progress,” stated Matt Welle, Mews CEO. “Michael’s expertise in scaling companies, together with groups and revenues, might 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 providers to international expertise and funds corporations 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 World Gross sales he helped scale their gross sales crew to 5 international locations 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 great progress 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 affect.”
Mews is presently experiencing a severe acceleration in its progress, fueled by a funding spherical in March of $110m, current acquisitions together with HS3 Hotelsoftware, and quick adoption of cloud expertise in hospitality.
Mews now has 1,100 staff in over 20 international locations, and Coscetta’s position continues the evolution of its administration construction to make sure success and scalability throughout an more and more advanced group. Coscetta is predicated in Miami and joins the Mews management crew.