Kevin Jacques, formerly head of corporate strategy and development at financial software provider Intuit, has become global head of Visa Ventures, the corporate venturing arm of US-based payment services firm Visa.
Jacques said he had completed 30 acquisitions, six divestitures, nine fund investments and numerous corporate venture investments over the past five years at Intuit, having joined in 2011 after five years as a partner at venture capital firm Palomar Ventures.
Corporate venturing deals in which Jacques was involved at Intuit had included business networking platformTownsquared’s $11m series B round, and investments in busines invoicing platform Tradeshift and mobile payment platform Clinkle, which shut down in 2015.
Jacuqes has been replaced by Anton Hannebrink, who has come back to Intuit from merchant aggregation software producer Square and is running M&A, investments and strategy.
Visa has been active in venturing under Carleigh Jacques, its head of global strategy, corporate development and mergers and acquisitions until February, and now global head of digital merchant products.
Deals overseen by Carleigh Jacques include an $11m series B round for point-of-sale marketing data provider Bridg. It was also active under Thomas Whiteaker, now a partner at BBVA-backed VC firm Propel Venture Partners, in the mid-2000s.