8.6 C
New York
Friday, May 20, 2022
Home Fintechs Curve hires former PayPal exec Scott Weller as first CFO

Curve hires former PayPal exec Scott Weller as first CFO

The former Finance Director from PayPal has been hired by UK-based card and mobile app provider Curve to act as its first chief financial officer (CFO).

Scott Weller who started his career as a private equity associate at BlackRock will have the responsibility of expanding Curve’s finance function as the startup, which enables users to access multiple bank accounts with a single card.

The “Curve Credit“, a buy now – pay later option, is being tested with just a small number of customers at the moment. The full launch is expected later this year.

Read also: Curve is testing the Curve Credit, a Klarna like service

Shachar Bialick, founder and CEO of Curve, said: “Scott’s experience taking teams and businesses like ours to the next level, in addition to his unique knowledge of the payments landscape, make him the ideal candidate to lead our finance function and advance Curve’s mission to converge the fragmented world of money, leading our customers to a healthier financial life.”

Incoming CFO Weller said: “Curve has established a unique position in the payments space as the first fintech to develop a digital experience that runs ‘over-the-top’ of customers’ fragmented banking relationships and spending use cases.”

“We are solving difficult challenges through real innovation and we have assembled a formidable team to realise Curve’s full potential.”

Curve has recently suffered a three-day outage after UK regulators froze the assets of Wirecard’s UK operations. Curve had previously been a user of Wirecard UK’s e-money and payments service.

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

Revolut CEO Nik Storonsky launches his AI-based venture capital fund

Billionaire Nik Storonsky, the co-founder of Revolut, one of Europe's largest and richest startups, plans to launch his own AI-based venture capital fund to compete with legacy venture capitalists.

This is how Klarna will merge e-commerce with physical shopping

Klarna launches "virtual shopping" where online shoppers get access to experts in physical stores.

Revolut reached 1.7 million Irish customers

Of the 5 million population, 1.7million people from Ireland use Revolut to some extent.

Money20/20 “the place where fintech communities love to do business” is back

Money20/20 "the place where fintech communities love to do business" is back