Erez Barak joins Israeli SaaS fintech Earnix as chief technology officer

Erez Barak appointed as CTO of Israeli fintech Earnix.

Facts

  • Erez Barak, a seasoned technology executive with 22 years of experience, has been named the Chief Technology Officer (CTO) of Earnix.
  • In his new role, Barak will lead the research and development (R&D) and analytics teams at Earnix.
  • He joins Earnix from Sumo Logic, where he served as General Manager and VP of Engineering.
  • Barak has held engineering, product, and executive positions at Mercury Interactive, Optify, Microsoft, and HP.
  • Robin Gilthorpe, CEO of Earnix, expects Barak to enhance the platform and broaden capabilities to accelerate innovation and apply AI at scale.
  • Earnix, based in Givatayim, operates an analytical Software-as-a-Service (SaaS) platform that empowers banks and insurers to utilize AI-enabled data for product design and pricing.
  • A $75 million funding round led by Insight Partners in 2021 elevated Earnix to unicorn status, marking two decades of operation.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Currenxie Launches Cross-Border Payments Account for SMEs in the UK

New service aims to streamline international transactions for small businesses.Highlights: Currenxie launches a new account for cross-border payments...

Coinbase Expands Services by Adding Stock Trading for US Customers

New feature allows users to trade stocks alongside cryptocurrencies.Highlights: Coinbase introduces stock trading for US customers.Users can now...

Commonwealth Bank Unveils $90M Plan for AI-Ready Workforce

Investment targets workforce development in the age of artificial intelligence.Highlights: Commonwealth Bank invests $90 million in AI workforce...

Royal Bank of Canada Strengthens AI Capabilities with New Dedicated Team

The initiative aims to enhance customer experience and drive innovation.Highlights: Royal Bank of Canada establishes a dedicated AI...