Credit card financial inclusion fintech Mercury hires Jason Whiting as CFO
Fintech Mercury Financial has appointed Jason Whiting as its new chief financial officer (CFO).
Mercury Financial CFO Jason Whiting
Mercury Financial, which aims to broaden financial inclusion in the US by offering credit to the underserved near-prime segment, is one of the largest non-bank credit card firms in the country. The fintech provides customers access to more than $4.7 billion in credit lines.
Whiting has “deep experience” in guiding firms in the consumer finance and fintech sector, Mercury says, that are looking to expand across different markets.
Whiting will join Mercury Financial from Barclays where he served as head of strategy for the Americas, developing growth strategies for the global investment bank, global markets, and the US consumer banking business.
Prior to this, Whiting spent more than 20 years in investment banking at Barclays and formerly Lehman Brothers, including serving as head of banks and specialty finance.
Mercury Financial CEO James Peterson says the firm has “incredible momentum” as it leverages its tech to help “millions of underserved hardworking Americans gain access to credit to build better lives”.
Peterson adds: “Bringing Jason on board will set us up for the next stage of our corporate development. His diverse background in finance and capital markets will be a key factor in our future growth.”
Whiting will succeed Steve Carp, who has been CFO for the last five years.
