SANTA MONICA, Calif.--(BUSINESS WIRE)--Grow Credit, a financial inclusion platform committed to building credit and improving credit scores, today announced two key leadership hires for positions in finance and sales. Zach Cooper joins as VP of Finance, and Craig Stanton joins Grow Credit as VP of Business Development.
The addition of Cooper and Stanton represent Grow Credit’s ongoing commitment to helping individuals easily build credit through their recurring monthly subscription payments.
Prior to joining Grow Credit, Cooper climbed through the ranks over the past six years at Acorns, a fintech company in Southern California, where he strategically grew and scaled their accounting and business operations. Prior to joining Acorns, he served as an Audit Manager for KPMG as well as running his own financial consultancy firm.
“It’s a really exciting time at Grow Credit, as we position the company to support our growth and goal of 1 million users within the next 12 months,” said Joe Bayen, CEO of Grow Credit. “Zach brings a wealth of leadership success in Accounting and Operations, and at Grow Credit he will manage our relationships with our lender and bank partners while we work toward building a more inclusive financial market. Zach also possesses a selfless attitude, a character trait highly valued at Grow.”
“I’m thrilled to have the opportunity to join Grow Credit,” Cooper said. “I see the tremendous positive social impact the company has the potential to bring and I am pleased to be able to bring the wealth of my experience toward that effort.”
As VP of Business Development, Stanton brings his rich experience to Grow Credit, with previous Corporate Development roles at Top Tier Capital Partners and Monetise (acquired by Fiserv), followed by VP roles at Commerce Ventures and Freebird (acquired by Capital One).
“Craig’s vast fundraising experience will have an immediate impact on Grow Credit’s B2B growth strategies, particularly around the expansion of the Grow SDK as well as our Pay With Grow and Employee Benefit initiatives,” said Bayen.
“I’m really excited to join Grow Credit,” Stanton said. “Using my experience to grow our platform will be very rewarding to me. I’m thrilled to be a part of creating social impact and building a more inclusive financial industry.”
It’s been a busy month for Grow Credit. Last week, Grow Credit announced a $106.3 million financing seed round, which included returning investors Mucker Capital and Commerce Ventures, with participation from Marqeta CEO Jason Gardner, DraftKings CEO Jason Robins, NBA All-Star Baron Davis, Omaze President Will Kassoy, and Matt Higgins, who is vice-chair of the Miami Dolphins, recurring Shark on ABC’s Shark Tank, co-founder, and CEO of private investment firm RSE Ventures and co-owner of VaynerMedia.
About Grow Credit Inc.
Grow Credit’s innovative credit building service lowers the barrier of entry for millions of Americans who need to establish and build credit. Combining a small-dollar loan with a virtual MasterCard, the service manages subscription payments, such as Netflix, and reports loan balances to the credit bureaus. The MasterCard is issued through Sutton Bank and is exclusively designed to pay subscription payments. The company is based in Santa Monica and was founded in 2018 by financial industry veterans.
