Zolve, a worldwide neobank offering cross-border monetary companies, at this time introduced the appointment of Kin Chung to its management group in america.
Chung, Zolve’s new Head of Credit score and Threat, comes with a wealth of expertise within the monetary area by way of a number of key management positions at world organizations. He has beforehand led a number of roles in credit score and danger at corporations, together with MPower, FS Card, Ethos Lending, Fenway Summer time, Fannie Mae, and Capital One.
At Zolve, Chung will oversee all features of the Credit score & Threat operate. He’ll lead Zolve’s cross-border underwriting algorithm, account administration, digital collections & constructing a state-of-the-art fraud management mechanisms.
Welcoming Chung, Raghunandan G, Zolve’s Founder and Chief Government Officer, stated, “We’re delighted to welcome Kin Chung as Head of Credit score and Threat. We’re excited to study from Kin’s expertise and experience and are trying ahead to collaborating on a number of the most difficult issues we have ever confronted. We are going to proceed to onboard distinctive expertise to our management and different groups as we construct and lead the corporate’s subsequent development section.”
On his appointment, Chung stated, “Zolve is making funds accessible to folks transferring borders, which nobody has tried earlier than. I’ve at all times wished to be part of an revolutionary startup that’s making folks’s lives simpler and making a distinction. I hope I will make vital contributions to the already proficient group right here at Zolve.”
That is the fourth strategic appointment at Zolve inside a month, following the onboarding of Steve Freiberg from Citigroup, Anandapadmanabhan Ramabhadran from the Boston Consulting Group (BCG), and Douglas T. Hamilton because the Chief Compliance Officer. Along with strengthening the management group in america, the startup can be on the lookout for revolutionary and dynamic professionals to fill the roles of Senior Product Analyst; Product Supervisor, Fraud & Threat; and Collections Lead. Zolve additionally seeks candidates for advertising and Credit score Threat Information Science roles.