Platform aimed at commercial clients is looking to cement its place in the Canadian fintech space
Toronto-based fintech CAARY Capital has announced the appointment of Sabrina Pilbauer (pictured), a former International Monetary Fund and Bank of Canada executive, as its new chief financial officer effective Dec. 1.
Prior to joining CAARY, Pilbauer was affiliated with the IMF as an external expert supporting central banks worldwide. Pilbauer also led the BoC’s financial operations, and held leadership positions at Bank of America, formerly MBNA Canada Bank.
“CAARY has intentionally brought together life-long entrepreneurs and seasoned banking and technology executives to develop an incredible fintech product. The addition of Sabrina is the perfect complement,” said John MacKinlay, CEO of CAARY. “Her experience in growth strategies, her deep institutional knowledge and her background in the credit and lending space will be critical as we embark on our next funding round and as we continue to create opportunities for small and medium-sized businesses to capitalize.”
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Pilbauer will be responsible for CAARY’s accounting, financial reporting, financial planning and analysis, payroll, procurement, reporting, tax, and treasury. The platform is focused on small and medium-sized Canadian commercial clients.
“The fintech space in Canada is thriving, and CAARY is pioneering positive change for small and medium-sized businesses,” Pilbauer said. “I’ve seen firsthand the challenges these businesses face accessing capital around the world. CAARY’s business model is going to make a significant difference, and I’m proud to be a part of that.”
