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Udo co-founded and launched paysafecard, an award-winning online cash solution, in 2000 and has been the company’s CEO since 2014. Under his leadership, the international expansion of paysafecard has been rapid and the solution is now integrated into the payments’ offerings of multiple high profile brands including Amazon, Sony, Google and Samsung.
It’s available in around 50 countries with more in the pipeline. Also, under his leadership, the team has launched a second online cash solution known as Paysafecash.
Udo’s growth strategy for both paysafecard and Paysafecash, which together form Paysafe’s eCash division, is centred around a move towards mobile, driving further usage in existing markets and expanding into new international territories.
In 2015, Udo was the driving force behind the acquisition of paysafecard’s biggest competitor, Ukash. He holds a Master’s degree in Mechanical Engineering from the Technical University in Graz, Austria, and an MBA in Business Administration from Donau University in Krems, Austria.