Former Walmart and Barclays executives join Grow Credit advisory board

Sudeep Arora and Daniel Eckert bring decades of experience to financial inclusion platform

Grow Credit, a financial inclusion platform committed to building credit and improving credit scores, today announced that it has made two key appointments, adding the former Barclays CRO for Cards and Payments and Cross River Bank’s current chief credit officer, Sudeep Arora, and Corsair’s operating partner, Commerce Ventures. Senior Advisor and Former Senior Vice President of Walmart Services & Digital Acceleration, Daniel Eckert, as Advisors.

Sudeep and Daniel join former Discover CRO Brian Hughes and Truebill VP of Growth Yasi Samimi to complete Grow Credit’s advisory board.

Sudeep has a busy career as a risk management executive with extensive experience in consumer and commercial credit products and in the development and application of advanced risk models. Prior to joining Cross River Bank as Chief Credit Officer, Sudeep was the CRO of Cards and Payments at Barclays, responsible for portfolios in the US, UK and Germany. In this capacity, Sudeep led efforts to use new data sources and advanced modeling techniques to cost-effectively grow the portfolios. Sudeep has held senior positions at Freddie Mac, Bank of America, Citigroup, Standard Chartered Bank and American Express.

“Grow Credit has cracked the code when it comes to helping consumers improve their credit score based on the habits they already have. I’m honored to be a part of Grow Credit’s efforts to reduce pain points. growth and building credit scores,” Arora mentioned.

Prior to joining Corsair Buyouts and Commerce Ventures, Daniel served as a senior executive at Walmart Inc. for over a decade, where he was a key member of the US leadership team responsible for retail business transformation. and omnichannel from Walmart. During his tenure at Walmart, Daniel led numerous financial services innovations for the underserved, including Walmart’s fintech point-of-sale platform, Walmart2Walmart money transfer services; Bluebird by American Express; Savings on Walmart MoneyCard prices; Mobile express money services; and Access to wages earned with Even & PayActiv. He has also held positions at HSBC, JPMorgan Chase & Co. and Accenture Ltd.

Eckert said, “I’ve seen firsthand how helping consumers improve their financial health can help them access financial products like car loans and credit cards with lower interest rates and better rewards. I’m thrilled to be part of the special the work that Grow Credit is doing.”

“Sudeep and Daniel have the perfect skills to help us in our next stage of growth,” said Grow Credit Founder and CEO Joe Bayen. “The industry understands the urgency of what we are doing, and we are grateful that people like Sudeep and Daniel, along with other partners like Murphy Auto Group and investors like Mucker Capital, Commerce Ventures, CEO Marqeta Jason Gardner, DraftKings CEO Jason Robins, Checkfree Founder Pete Kight, NFL Hall of Fame legend Ronnie Lott, NBA All-Star Baron Davis and Miami Dolphins VP Matt Higgins see the potential of working with financial institutions and consumers to drive financial inclusion.”

It’s been a busy year for Grow Credit. In September 2021, the company announced a $106.3 million in seed fundinghas been featured in the Apple App Store as a “hot app” and advertised an innovative partnership with Murphy Auto Group to help consumers build a path to car ownership.

For financial institutions looking to help their customers and potential customers improve their credit scores and strengthen financial security and inclusion, please email Grow Credit at [email protected] or register at www.GrowCredit.com/Partnerships. For consumers interested in establishing or increasing their credit score, visit GrowCredit.com.

About Grow Credit Inc.

Grow Credit’s innovative credit creation service lowers the barrier of entry for millions of Americans who need to establish and grow credit. Combining a small dollar loan with a virtual Mastercard, the service handles subscription payments, like Netflix, and reports loan balances to credit bureaus. The MasterCard is issued by Sutton Bank and is exclusively designed to pay subscription payments. Grow Credit is based in Santa Monica and was founded in 2018 by veterans of the financial industry. For more information, visit GrowCredit.com.

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