Telus and BBVA-backed Taulia has named Cedric Bru as its new chief executive.

Taulia, a US-based cloud-payment software developer backed by telecommunications company Telus, has named Cedric Bru as its new chief executive, who will take over from Betram Meyer.

Meyer co-founded Taulia and served as its chief executive for the past six years. He will remain on the company’s board of directors where he will focus on Taulia’s expansion across Europe. Bru previously served as the company’s chief sales officer.

Taulia raised a $15m series E round in January 2015 from private…