Finverity has appointed Arnold Ngunjiri as its Chief Product Officer to help drive its product roadmap and strategy as it prepares for its next stage of growth.

Arnold brings a self-described obsession with customer focus and extensive experience in product strategy and management in financial services. Before joining Finverity, Arnold held the role of Product Director at Obillex, where he lead product development and strategy.

“It's an exciting time to join Finverity, the need for working capital is at an all-time high, and the antiquated systems of incumbents present the perfect opportunity for disruption,” Arnold explained. “I look forward to working with this very talented and dynamic team to take our existing offerings to the next level”.

“We're very excited to have Arnold join the team. I look forward to seeing our vision come to light as we work to find new and innovative ways in which Finverity's evolving product suite can best serve our customers and partners,” commented Viacheslav Oganezov, Finverity’s CEO.

About Finverity

Finverity was founded in London in 2017, with the goal of helping to fix the global trade finance gap.

The Finverity digital ecosystem provides the technology, working capital and expertise to make trade and supply chain finance (SCF) actually work for businesses, banks and NBFIs. The digital ecosystem comprises of two complementary offerings:

Finverity Capital, tailored trade and SCF solutions, with two core products:

1. Finverity CapitalAccess empowers ambitious privately-owned businesses to seamlessly access working capital and reach their next level of growth.

2. Finverity CapitalInvest enables funding partners to deploy capital into quality trade assets securely, easily and at scale.

FinverityOS (SaaS), the end-to-end operating system designed to digitally transform trade and SCF operations, client experience and revenue generation capabilities at local and regional banks and NBFIs.

Finverity is growing: In 2022, it increased revenues by 15x, doubled its headcount and initiated expansion into three new international offices. Finverity is backed by 5 world-class VCs and serves clients in 11 countries across the Middle East, Africa and Central & Eastern Europe.