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James Watts joins OnBuy as Chief Financial Officer

By Lauren Fruncillo April 8, 2021 - 1:12 pm

OnBuy has announced the appointment of James Watts as Chief Financial Officer as it makes its first C-suite hires.

Watts joins the OnBuy marketplace with 12 years’ experience in a range of sectors including technology and digital media. James brings expertise of working with fast growing companies in both emerging and developed markets across 25 countries.

“I’m looking forward to welcoming James to the team. His experience in managing multi-million-pound assets, driving efficiencies, and building and leading financial teams will be invaluable to OnBuy. With our growth showing no signs of slowing as we continually achieve over 600% year on year growth, James will be fundamental in OnBuy’s worldwide scale-up over the next three years.”
– Cas Paton, founder and CEO, OnBuy

In previous roles, James built a new finance function from scratch to allow for rapid international growth, delivered multi-million-pound cost savings and led financial and commercial due diligence on funding rounds. James joins the business alongside a series of other C-suite hires, including ex-eBay director Mark Lister as Chief Commercial Officer. OnBuy, which was founded in November 2016, now employs over 85 people and will be welcoming more team members in the coming months.

“I’m pleased to be joining OnBuy at such a critical moment for its success. With new investment just around the corner and its global expansion well underway, the next few years will be exciting and challenging for the marketplace and I’m looking forward to being a part of the journey.

“Having grown up in the county, working with a Dorset-based business that has huge global opportunity is a definite bonus. Dorset is home to a number of exceptional businesses, and I believe that OnBuy has the ability to put the county on the map worldwide.”
– James Watts, newly appointed CFO, OnBuy

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