Paul Swinton has stepped down from his role as executive chair of B4B Payments, a card‑issuing and payment‑solutions provider he co‑founded in 2006.

Announcing the decision on LinkedIn this week, Swinton writes:

“After 18+ years I am finally stepping back from what was supposed to be a five‑year plan (aren’t they all?) with B4B Payments.”

Swinton previously served the company as CEO for 17 years up until 2024, when he transitioned from CEO to the part‑time role of executive chair.

“After the last year supporting the exec team on a part‑time basis, I am now stepping back to sit on the board and provide continued non‑exec challenge to the amazing management team that will drive the business into the next phase,” his statement on LinkedIn continues.

B4B Payments currently operates as part of parent company Banking Circle following its acquisition in 2022.

A spokesperson for Banking Circle confirmed the news to FinTech Futures, stating:

“We can confirm that Paul has stepped down from his day‑to‑day management responsibilities as executive chair of B4B Payments. He will continue to remain involved in the business as a director of B4B Payments, providing strategic advice and oversight to the management team.”

“His day‑to‑day role won’t be replaced; his responsibilities will be absorbed by the senior leadership team,” the company spokesperson adds. “We would like to re‑iterate our thanks and wish Paul all the best in his new endeavours.”

As for next steps, Swinton says he is “open and available to new challenges”, adding:

“I would really like to use my experience to give something back and help other founding teams grow their own businesses, helping them identify where the mistakes and challenges are lurking but mostly provide an external perspective to find the opportunities that propel them to success.”