Rauva appoints Tomas Oliveira da Silva as chief risk officer
Portugal-based start-up Rauva, which provides a business and financial services app for entrepreneurs, has appointed Tomas Oliveira da Silva as its new chief risk officer (CRO).
With over 15 years of work experience, Oliveira da Silva joins Rauva from DF Capital, a UK-based savings and lending bank, where he served as CRO for nearly three years. Prior to that, he worked for the Bank of England for nearly six years in several senior roles, most latterly as a technical specialist.
With Oliveira da Silva’s appointment, Rauva rounds off its leadership team, alongside co-founder and CEO Jon Fath and chief technology officer (CTO) Maxence Cornet, as it looks to build one of Europe’s “first fully digital business banks”.
“Rauva’s super-app has been developed specifically to make entrepreneurship easily accessible to everyone by taking away the hassle of managing daily finances and to enable small and medium sized enterprises (SMEs) to focus on their business growth,” explains Fath.
Since launching the app five months ago, the company also recently signed an agreement to acquire all shares of Banco Empresas Montepio.
“Rauva is moving at a rapid pace and have our ambitions set on eventually expanding to the wider European market. The completion of our leadership team is key to helping us deliver on this vision,” Fath adds.