Sydney, Australia – 23 May 2025 – We’re pleased to announce the appointment of Prasan Fernando as Chief Technology Officer (CTO) of OnBoard by MVSI, our rapidly growing platform focused on transforming the merchant onboarding experience.
Prasan brings over two decades of experience in financial technology and a proven track record of developing secure, scalable, and compliant platforms. He joins the leadership team at a critical stage of growth as our company accelerates product innovation and expands its global partner network.
Strengthening Technical Vision Amid Rapid Growth
The appointment comes as OnBoard by MVSI experiences strong market momentum, driven by increasing demand for frictionless and highly configurable merchant onboarding solutions. Our platform is trusted by payment service providers, ISOs, and fintech institutions to streamline merchant applications, automate risk and compliance checks, and reduce time to revenue.
As CTO, Prasan will oversee the company’s entire technology function—including cybersecurity, infrastructure, innovation, and more. His leadership will be instrumental in expanding the platform’s capabilities to meet the evolving regulatory, risk, and operational needs of customers across the payments ecosystem.
“Prasan has consistently delivered scalable, secure, and innovative technologies throughout his career,” said Daniel Sheahan, CEO of MVSI. “His experience will be invaluable as we enhance our onboarding platform to help our partners bring merchants online faster, with minimal friction."
A Track Record of Innovation and Impact
Prasan is widely recognized in the fintech space for his deep expertise in digital transformation, IT strategy, and cybersecurity. Over the course of his two-decade career, he has consistently delivered high-impact solutions across financial services, most notably leading the development of the patented PayXCrypto gateway by Novatti.
His leadership has been central to the successful implementation of award-winning fraud prevention systems and compliance frameworks aligned with ISO 27001 and PCI DSS. These achievements reflect a strong command of building systems that meet high regulatory and security benchmarks, directly supporting operational integrity in complex financial environments. By strengthening core compliance and fraud capabilities, his work has helped lay the foundation for more resilient, secure platforms—ensuring that regulatory alignment does not come at the expense of agility or innovation.
Leadership Rooted in Alignment and Team Excellence
Beyond his technical achievements, Prasan is known for cultivating strong, collaborative teams and building a culture where innovation thrives. He places a strong emphasis on aligning technology strategies with broader business goals, ensuring that collaborative efforts directly support customer value and company growth.
At Onboard by MVSI, he brings a leadership style rooted in transparency, shared accountability, and cross-functional alignment. His focus on agility and continuous improvement is expected to deepen the company’s ability to deliver an onboarding solution that is not only powerful and secure, but also responsive to the evolving needs of its platform partners and the merchants they serve.
About OnBoard
OnBoard by MVSI is a fintech innovator helping payment service providers, ISOs, and modern financial institutions streamline and automate merchant onboarding. The platform improves sales productivity by reducing manual tasks, speeding up merchant onboarding, and lowering overall operational costs.
Automating key steps in the onboarding journey helps partners deliver a faster experience and reduce early merchant drop-off. Whether launching a new product or scaling across markets, OnBoard by MVSI helps organisations accelerate go-to-market and improve merchant experiences from day one.
