New CEO of Pipe builds “fintech dream team”
Pipe, a US-based capital platform, has bolstered its senior management team following the arrival of a new CEO, Luke Voiles, earlier this year.
Namrata Ganatra has been appointed as chief product and technology officer; Scott Polchleb as chief innovation officer; Manpreet Dhot as chief risk officer; and Yasmin Moaven as chief operations and marketing officer.
Fintech dream team
Ganatra brings a decade of experience in fintech, payments, and crypto markets. Prior to joining Pipe, she led engineering and product at NFT platform Autograph. She also held senior roles at Coinbase, Meta, and PayPal.
Polchleb was previously global head of design and creative at Square Banking (Voiles also moved from Square, where he was general manager of Square Banking). He also held senior leadership positions in design at Afterpay, WeWork, and Visa.
Dhot, who has over 20 years of experience in commercial and consumer risk management, moves from credit card issuer Imprint, where he was CRO. He also held the CRO role at Funding Circle US, where his credit and fraud risk strategy enabled the lender’s US portfolio to grow from $80 million to $1.1 billion in assets under management in five years with no adverse credit outcomes.
He previously spent 12 years at American Express in India and the US in various senior roles.
Moaven, who’s been with Pipe for three years as chief marketing officer, will expand her role to include chief operations officer.
“In just three years, Pipe has defined a new approach to funding the rapid growth of companies in a wide range of markets,” comments Voiles. The company needs “proven industry leaders” to seize “the enormous opportunity”, he adds.
“This is our fintech dream team.”
Founded in 2019 in Florida, Pipe says it “connects entrepreneurs and business owners to fast, frictionless, dilution-free financing”. In 2021, it raised $250 million in an oversubscribed venture round, reaching a valuation of $2 billion. The following year, it acquired Purely Capital, a media and entertainment financing company.