8.6 C
New York
Thursday, March 23, 2023
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

Recap of FinovateEurope 2023: Key Themes and Takeaways

With a focus on innovation and customer needs, the future looks bright for the industry.

Payoro: The New Contender in the Fintech Scene

Payoro is a new contender in the fintech scene, aiming to provide a user-friendly and affordable banking experience for consumers.

Real-Time Payments: Accelerating Business and Consumer Transactions

As the demand for real-time payments continues to grow, businesses that fail to offer this payment option risk being left behind in an increasingly competitive market.

A Major Acquisition by Neobank N26 is Blown Off

The German neobank N26, which conducts business in Switzerland as well, was looking to buy something that would let its clients trade stocks and index funds.