Embedded investment platform Seccl hires Prerna Goel as new COO
Seccl Technology, an embedded investment platform headquartered in Bath, UK, has strengthened its leadership team with the appointment of ClearBank founding member Prerna Goel as its new chief operations officer (COO).
Seccl names new COO
Seccl says Goel is to take charge of the platform’s operations, finance, client assets sourcebook (CASS), legal, and cross-functional delivery teams.
Goel brings over 20 years of experience in fintech and banking to Seccl, which provides a set of APIs that enable wealth managers, financial advisers and fintechs to integrate investment services into their own offerings.
She has previously held leadership roles at Metro Bank, Capital One, CIBC, Texas Instruments and ClearBank, for which she most recently led the development of embedded finance as head of customer and operations.
ClearBank later went on to achieve its first full year of profitability in April this year, marking a pre-tax profit of £18.4 million up to 31 December 2023.
According to its most recent financial statements published through Companies House, Seccl almost doubled its pre-tax operating losses in the year up to 30 April 2023, rising from £6.3 million to £11.1 million.
This was before Octopus, its parent company of five years, expanded its shareholding in the platform in February, in conjunction with the departure of Seccl co-founders David Harvey and Hugo Thorman.
