Fundbox, the San Francisco fintech using big data analytics to help businesses’ cash flows, has hired its first chief financial officer (CFO) in the run up to what might be the company’s initial public offering (IPO), Wall Street Journal reports. Former investment banker Marten Abrahamsen, who spent early stints of his career at Goldman Sachs and the Royal Bank of Scotland (RBS), was responsible for global investment firm Coatue Management’s capital injections into Grab – Singapore’s ridesharing app now valued at $14 billion – and the online retailer later bought by Walmart, Jet.com. Head of corporate communications at Fundbox Tim…
Fundbox hires “Swiss army knife” CFO signalling IPO