In today’s interview with our Board Members, we talked to David Jaques, the first CFO for PayPal. David serves as Chair of Compensation and Governance Committee and Member of Audit Committee for Katipult.
In his early career, Mr. Jaques held various positions with Barclays Bank in London and provided advisory services in currency and interest rate risk management to the bank’s corporate clients. He held a similar role at Barclays Bank, New York from 1988 to 1993. One of his most notable positions was as the first CFO for PayPal from 1999 to 2001 where he established PayPal’s financial planning and accounting processes.
Katipult: Why did you join the Katipult board?
Jaques: Most of all, I was very excited by Katipult and the future of the company. I had capacity to take on a board position as I had recently left another one. My skills and background in financial services, startup companies and venture capital provided the right type of synergy for myself and the company.
Katipult: What do you like the most about Katipult?
Jaques: Katipult’s product offering is very exciting. A true white label platform that allows the customer to customize their offering. Katipult is far from “just another crowdfunding platform” and has capabilities that far exceed most others.
Katipult: Where do you see Katipult in the future?
Jaques: I hope that Katipult will become the leader in its field and will become the provider of choice for global crowdfunding and peer-to-peer transactions.
Katipult: What is the area where you see the largest growth potential for Katipult?
Jaques: It’s current product offering alone has great potential. I also think that the company is well poised to explore more international markets. It’s recent announcement to explore using blockchain technology to settle securities transactions is very cutting edge.
