Telleroo Appoints Capital on Tap CEO as Non-Executive Director to Drive Growth
Telleroo, the innovative payment platform revolutionizing finance team workflows, is thrilled to announce the appointment of Damian Brychcy, CEO of Capital on Tap, as a Non-Executive Director. This strategic move comes at a pivotal moment for Telleroo as the company gears up to scale its operations and enhance its offerings for accountants, bookkeepers, and internal finance teams across the UK. With Damian’s extensive experience in scaling financial services businesses, leveraging technology to improve customer experiences, and driving sustainable growth, Telleroo is well-positioned to enter its next phase of expansion.
Capital on Tap, a leader in small business credit cards and spend management, has seen remarkable success under Damian’s leadership. In 2024 alone, the company reported a 43% year-on-year increase in income, reaching £313 million, and has now served over 200,000 small business customers. Damian’s track record speaks volumes about his ability to navigate complex challenges and seize growth opportunities, making him an invaluable addition to Telleroo’s board.
“Telleroo is on a mission to de-risk the payment processes for businesses, and Damian’s experience and insights will be invaluable as we enter our next phase of growth,” said Andrew Cookson, CEO of Telleroo. “Capital on Tap’s incredible success in 2024 demonstrates Damian’s ability to navigate complex challenges and seize growth opportunities. Over the last three years, Telleroo has grown massively, and with that comes complexity. We’re excited for Damian to help us navigate this growth while keeping users at the heart of Telleroo.”
Damian expressed enthusiasm for joining Telleroo at this critical juncture: “Telleroo is addressing a real pain point for finance teams. When I first met Andrew, I was really impressed by the journey he’d been on and his passion for helping his clients send billions of pounds through Telleroo each year. I’m hoping to help contribute to Telleroo’s vision of making business payments seamless and efficient.”
Telleroo’s wallet solution for payments has been designed to help businesses save time, reduce payment errors, and streamline supplier and payroll pay runs. With the addition of Damian to its board, Telleroo is poised to accelerate its impact on the financial technology landscape.
A Strategic Move for Telleroo
The decision to bring Damian Brychcy onto the board reflects Telleroo’s commitment to scaling its operations effectively. As a seasoned leader in the financial services sector, Damian brings a wealth of knowledge and expertise that will be crucial as Telleroo navigates the complexities of rapid growth. His experience in scaling Capital on Tap, coupled with his deep understanding of technology-driven solutions, aligns perfectly with Telleroo’s mission to simplify and secure payment processes for businesses.
One of the key areas where Damian’s influence is expected to be felt is in enhancing Telleroo’s product offerings. With his background in small business credit cards and spend management, Damian understands the unique needs and challenges faced by finance teams. This insight will be invaluable as Telleroo continues to refine its wallet solution, ensuring it remains at the forefront of innovation in the fintech space.
Moreover, Damian’s appointment underscores Telleroo’s dedication to maintaining a user-centric approach. As the company grows, it is essential to keep the needs of its clients at the forefront of every decision. Damian’s passion for improving customer experiences will help ensure that Telleroo’s growth is sustainable and aligned with the evolving demands of its user base.
Navigating Complex Challenges
The financial technology landscape is rapidly evolving, presenting both opportunities and challenges for companies like Telleroo. One of the primary challenges is managing the complexity that comes with growth. As Telleroo expands its operations and client base, it must navigate regulatory requirements, technological advancements, and market dynamics.
Damian’s experience in navigating these challenges is a significant asset for Telleroo. Under his leadership, Capital on Tap successfully scaled its operations while maintaining compliance and delivering exceptional customer experiences. This balance between growth and compliance is something Telleroo aims to achieve, and Damian’s guidance will be instrumental in this endeavor.
Another challenge facing Telleroo is staying ahead of technological advancements. The fintech industry is characterized by rapid innovation, and companies must continuously adapt to remain competitive. Damian’s expertise in leveraging technology to drive growth and improve customer experiences will be crucial in ensuring that Telleroo remains at the cutting edge of the industry.
Driving Sustainable Growth
Sustainable growth is a priority for Telleroo as it looks to expand its footprint in the UK and beyond. Damian’s track record of driving sustainable growth at Capital on Tap provides a blueprint for Telleroo’s future. His ability to scale a business while maintaining profitability and customer satisfaction is a testament to his strategic acumen.
One of the ways Damian plans to contribute to Telleroo’s growth is by helping the company identify and capitalize on new opportunities. The fintech landscape is ripe with potential, and Telleroo is well-positioned to take advantage of emerging trends. Damian’s insights into market dynamics and customer needs will help Telleroo make informed decisions as it explores new avenues for expansion.
Additionally, Damian’s focus on sustainability extends beyond financial metrics. He understands the importance of building a company that is resilient and adaptable, capable of weathering economic fluctuations and industry disruptions. This holistic approach to growth will ensure that Telleroo not only achieves its short-term goals but also lays a strong foundation for long-term success.
Enhancing User Experience
At the heart of Telleroo’s mission is a commitment to improving the user experience for finance teams. The company’s wallet solution is designed to save time, reduce errors, and streamline payment processes, making it an invaluable tool for businesses of all sizes. Damian’s appointment reinforces Telleroo’s dedication to enhancing this user experience.
One of the key areas where Damian’s influence will be felt is in product development. His experience in developing technology-driven solutions that meet the needs of small businesses will be invaluable as Telleroo continues to innovate. By leveraging his insights, Telleroo can ensure that its products remain relevant and effective in addressing the pain points of finance teams.
Moreover, Damian’s focus on customer-centricity aligns perfectly with Telleroo’s values. As the company grows, it is essential to maintain a strong connection with its user base, understanding their needs and feedback to drive continuous improvement. Damian’s passion for improving customer experiences will help ensure that Telleroo remains responsive to the evolving demands of its clients.
A Vision for the Future
Looking ahead, Telleroo is poised to make a significant impact on the financial technology landscape. With Damian Brychcy’s appointment as a Non-Executive Director, the company is well-equipped to navigate the challenges and opportunities that lie ahead. His expertise in scaling financial services businesses, leveraging technology, and driving sustainable growth will be instrumental in achieving Telleroo’s vision of making business payments seamless and efficient.
As Telleroo continues to grow, it remains committed to its core mission of de-risking payment processes for businesses. By keeping users at the heart of its operations and leveraging the insights of experienced leaders like Damian, Telleroo is set to transform the way finance teams manage payments, ultimately contributing to a more efficient and secure financial ecosystem.
