Brim Financial recently announced the appointment of a chief financial officer.
The Toronto-based financial technology startup says that former Marqeta finance executive Arthur Zhao has joined the crew as part of a broader executive suite expansion.
The overall expansion is to support market demand for the company’s flexible and scalable embedded finance solutions, including its platform-as-a-service and credit card infrastructure, according to Brim.
“We are committed to building one of the most talented teams in the industry and are thrilled to have Arthur join us to support our rapid expansion at Brim,” said Rasha Katabi, CEO of Brim Financial.
“His proven leadership experience in high-growth environments and wealth of industry knowledge is a perfect addition to our team,” she added.
Zhao boasts 20 years of experience in the fintech industry, most recently serving as vice president of finance and revenue operations at Marqeta, where he was instrumental in building a finance function to support the company’s rapid growth, including multiple rounds of capital raise and a successful IPO in 2021. He also worked at PayPal.
“I have been fortunate to be a part of some outstanding organizations and in Brim, saw an opportunity to play a key role in a dynamic, growing company,” said Zhao.
“Brim is well positioned globally within an evolving digital banking and payments ecosystem, and I look forward to helping them continue on their trajectory as a market leader,” he added.
Last year, Brim raised a $25 million Series B round, co-led by Desjardins Group and US-based EPIC Ventures.