Cardless hires former Rally executive as first COO

Cardless, a San Francisco-based credit card company, has hired Fitz Tepper as its first chief operating officer. According to the company, Tepper will spearhead day-to-day company-wide operations, provide strategic leadership, and oversee the compliance, operations, and marketing functions.

Tepper joins the San Francisco firm from investment platform Rally where he served as vice president of operations. According to Tepper's Linkedin, he "built and ran day-to-day operations function" during his time at Rally, being at the firm across three rounds of equity funding totaling $50m.

“As Cardless continues our work enabling companies to launch co-branded credit cards, I’m excited for Fitz to drive Cardless’ mission and brand awareness forward as we continue to scale,” said Michael Spelfogel, co-founder and president of Cardless. “Fitz has a proven track record in the fintech space. I’m excited for him to lead at Cardless and work closely with our partner brands.”

Cardless is set to expand into the travel and eCommerce sector after announcing a three-year $75m credit facility from i80, a New York lender, earlier this past May.