Dhivya Suryadevara. Photo credit: General Motors

Payments company Stripe has recruited Dhivya Suryadevara, the Chief Financial Officer of automaker General Motors, away from the automaker to become its Chief Financial Officer. Suryadevara is joining Stripe after two years as GM’s CFO, a role under which she oversaw a massive operation spanning over $100 billion in annual revenue and tens of thousands of employees. Being experienced in such high-scale management, she’s likely going to fair well overseeing Stripe, which has a much lesser 2,800-strong workforce across 16 global offices. Her appointment comes on the heels of recent Stripe executive appointments including a Chief Revenue Officer poached from Amazon Web Services and a General Counsel poached from Voya Financial.

As a payments company, Stripe has been going strong, with the company ramping up international expansion significantly over the past year. Stripe launched in 15 new countries across Europe, Asia Pacific, and Latin America over the past year. In April of this year, the San Francisco-based payments company raised $600 million in additional funding at a valuation of $36 billion. Since its inception, Stripe has raised some $1.6 billion in funding from a host of investors.

The 2020 coronavirus pandemic has led to a surge in demand for online commerce and has, in turn, reaped good fortunes for Stripe. The company says it’s on track to pay out $10 billion to new customers that adopted its service since the onset of the pandemic in the US in March.