Bankable CEO Eric Mouilleron to step down after 13-year tenure
Eric Mouilleron has announced he is stepping down as CEO of Banking-as-a-Service (BaaS) provider Bankable after 13 years in the role.
Announcing his decision on LinkedIn, Mouilleron says that it is with a “bittersweet mix of emotions” that “the time has come for me to pass the CEO torch and embark on a new chapter of my journey”.
He adds: “As Bankable founder, shareholder and Board member, I look forward to supporting Bankable’s continued growth and success from a different vantage point.”
Bankable is yet to announce a new CEO, and apart from remaining a board member at Bankable, Mouielleron is yet to confirm exactly what his next steps will be.
Founded by Mouilleron in 2010 and headquartered in London, UK, Bankable provides BaaS that “enables financial institutions, corporates and fintechs to develop and deploy bespoke or turnkey banking solutions”.
Last year, Bankable acquired embedded finance platform Arex Markets to enable it to embed working capital and credit into the payment flows of neobanks, multinational brands and fintech platforms.
Mouilleron describes the partnership as “Bankable 2.0”, claiming that the company’s integrated credit solutions eliminate the need for businesses “to navigate multiple platforms and lengthy application processes”.
Prior to founding Bankable, Mouilleron also founded and led Avalanche Ventures and co-founded IT consulting company Valtech.