- Appointment of David Larson as CFO: Feedzai has appointed David Larson, a former Thomson Reuters executive, as its new Chief Financial Officer (CFO).
- Responsibilities: Larson will oversee Feedzai’s global financial actions and report directly to CEO and founder, Nuno Sebastião.
- Value of Larson’s Experience: Feedzai highlights Larson’s track record and deep understanding of operational dynamics within larger corporations, emphasizing his potential to contribute to the firm’s scaling efforts.
- Expertise in Mergers and Acquisitions (M&A): Larson’s expertise in M&A is considered pivotal to Feedzai’s growth strategy, with the fintech aiming to emerge as a potential consolidator in the sector.
- Previous Experience at Thomson Reuters: Larson spent over eight years at Thomson Reuters, concluding his tenure as Chief Strategy Officer and playing an integral role in creating the governance, risk, and compliance division.
- CEO’s Perspective: CEO Nuno Sebastião emphasizes Larson’s global leadership experience as critical for Feedzai’s next phase of growth, particularly in exploring opportunities for consolidation and potential M&A activity.
- Feedzai’s Operations: Founded in 2011, Feedzai operates a RiskOps platform utilizing machine learning technology and big data to prevent and detect financial crime for financial institutions.
