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Exclusive: ex-HSBC group chief risk officer joins embedded finance fintech
With embedded finance starting to build momentum, Orenda has scooped a well-known heavyweight from the incumbent banking sector.
Orenda, a seed stage embedded finance fintech, has appointed Marc Moses as a new strategic adviser, AltFi can exclusively reveal.
Moses was formely HSBC's group chief risk officer and a board member of the banking giant, before leaving the business two years ago.
He is also investing in Orenda’s seed round which is set to close imminently.
Orenda launched its first product - a 'no code' banking infrastructure platform - to market one year ago
Joshua Vittori, Managing director of Orenda, says embedded finance offers a huge opportunity for the banking world.
”We are providing a no-code/low code solution to the market enabling many to enter into the financial services field who previously could not,” he said.
“Marc’s knowledge and expertise built over 43 years in the Financial Services industry including senior executive roles as an Audit Partner, CFO and CRO will be invaluable to Orenda.”
Orenda’s near terms plans include expansion into the APAC region.