United Fintech has expanded its team in New York with the appointment of Mitch Vine and Danny Finnerty (pictured) to expand the fintech's US presence and provide a one-stop store for banks, hedge funds, and asset managers. The company acquires and scales innovative fintech companies in the capital markets space, partnering with the founders to optimize their business.
MX, the startup competing with Plaid to connect financial institutions and fintech players, is naming PayPal executive Jim Magats as its new CEO. Magats is an early two-decade PayPal veteran who was recently senior vice president for Omni payments solutions. He replaces Shane Evans, who was named interim CEO in January as the company prepared for an IPO or possible sale.
Hometap, a provider of lending alternatives for homeownership without taking on debt, announced the appointment of Eugene Wong as Chief Financial Officer. Wong will lead Hometap's finance team in developing strategies for acquiring and launching new financial products and services. He joins Hometap from forwarding Financing, a Boston-based fintech company that provides working capital to small businesses, where he served as Vice President of Strategy & Finance.
Klaus Meyer is taking over as Head of the Commercial Finance business of Siemens Financial Services in Germany. The 42-year-old manager joins Siemens Financial Services (SFS) from Commerz Real Mobilienleasing GmbH in Düsseldorf. He has already been working for the financial services provider since June 1, 2022, and is to take over as head of the commercial finance business in Germany on October 1, 2022.
After a six-month search, Storfund has appointed Oliver Whelan, previously Worldfirst Global Head of Enterprise, as Chief Revenue Officer. Whelan, who spent ten years at payments fintech Worldfirst, will be responsible for accelerating Storfund's rapid and profitable growth. This press release contains multimedia content.
Zurich-based Swiss FinTech AG d/b/a Loanboox (website) brings German fintech celebrities onto its board of directors. The financing platform is also expanding its team in its northern neighbor. The German-Swiss insurtech Wefox is already considered a valuation unicorn and Loanboox has now been able to recruit former Wefox CEO Oliver Lang as a board member.
The FCA-regulated e-Money Institution PPRO Financial Ltd d/b/a PPRO is controlled by the German PPRO Holding GmbH and has affiliated companies in Europe, Asia, and North and South America. The company was co-founded by the former Wirecard manager Tobias Schreyer in 2011. The German Goetz Moeller has been the CFO for 3 years but handed over to the former Wayfair Europe finance executive Rahul Raswant.
