"Luke comes to us with over 20 years of business experience in helping business owners to grow their businesses," said chief executive and co-founder Ashik Ahmed.
"His invaluable industry insights and proven expertise in developing strategies for accelerating business growth and driving brand awareness will be pivotal in helping expand the reach and demand for our business solution."
Ahmed went on to describe Targett's appointment as "a big win for the company".
His previous roles include enterprise group marketing manager at Samsung Electronics, global chief marketing officer at OFX, and head of business marketing communications at Vodafone Australia.
Earlier in his career Targett held management positions at AAPT and HP.