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Oval Money: Appoints new CEO

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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.

Oval Money: Appoints new CEO

  • Oval Money has appointed Luca Merolla as CEO to lead its ambitious growth strategy
  • Mr. Merolla takes the helm to offer a fresh outlook for the brand’s two products
  • A clever app to save and invest money automatically and OvalX (formerly ETX Capital)
  • With a background in computer science, Merolla brings a wealth of experience to the role
  • Increased its workforce by 30 percent as it sought to bolster the company’s technology, compliance
  • Former CEO Philip Adler steps down from the position to pursue the role of Chief Business Development Officer within the company
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