Very Good Security names former Visa exec Chuck Yu as CEO
San Francisco-based compliance regtech Very Good Security (VGS) has appointed Chuck Yu as its new CEO.
VGS names Chuck Yu as CEO
As CEO, Yu will focus on go-to-market, product roadmap innovation and strengthening customer relationships as the company looks to grow and expand.
Yu has held executive leadership roles at Visa, Point Digital Finance and TrialPay. At Visa, Yu led teams across the business, including business development, sales, finance, and operations.
As the head of business development for Visa’s global fintech team, he helped cultivate strategic partnerships which fueled the rapid expansion of new fintech solutions worldwide.
Prior to Visa, Chuck was chief revenue officer at TrialPay, which was acquired by Visa in 2015.
Yu says the firm’s “core mission” is “to power the flow of the world’s sensitive data”. As CEO, he will lead the firm as it forges new strategic partnerships with industry leaders, and deepens relationships with the firms that have chosen “to trust us with their critical financial data”.
VGS simplifies the collection, protection, and exchange of sensitive financial data to allow companies to boost revenue, eliminate risk, ensure compliance and drive profitability.
The firm has earned investments from investors including Visa and Goldman Sachs, and venture capital firms such as Andreessen Horowitz and Vertex Ventures US.
