DriveWealth announces Gayathri Rajan (CPO) and Harshal Deo (CTO)

Rick Steves

“Expanding access to investing is about so much more than money – it’s really about empowering people to have more control over their lives. With such a bold goal, we need bold leadership.”

DriveWealth has appointed Gayathri Rajan as Chief Product Officer (CPO) and Harshal Deo as Chief Technology Officer (CTO) as the pioneer in fractional investing and embedded finance enters a new phase of growth.

Gayathri Rajan and Harshal Deo will lead DriveWealth’s product and engineering teams as competition within the embedded investing space grows fierce with the entry of challengers to DriveWealth’s lead.

For years, the company has been bringing worldwide access to the US markets in partnership with local brokers by providing a plug and play platform that boasts zero commission trading and fractional shares: two features that have become a must-have among brokers.

Experience from Google, eBay and PayPal

Gayathri Rajan joins DriveWealth following a 16-year stint at Google where she garnered a reputation for building world-class platforms and products in close collaboration with global partners.

At Google, Gayathri founded Google’s payments platform, which manages the entirety of Google’s payments and disbursements, and more recently built out the high-growth enterprise business for Google Maps.

Harshal Deo worked at eBay and PayPal, where he pioneered the use of AI for fraud detection, for a combined 16 years. At PayPal, he ran a global engineering and product organization that enabled PayPal’s entry into shopping and delivered PayPal Commerce Platform for Businesses, enabling seamless commerce for over 20 million businesses worldwide.

Bob Cortright, Founder and CEO, DriveWealth, said: “Expanding access to investing is about so much more than money – it’s really about empowering people to have more control over their lives. With such a bold goal, we need bold leadership. That’s why I’m thrilled Gayathri and Harshal have joined the DriveWealth team. I’m confident in the experience and vision they both bring to their new roles, and I know they’ll be the type of leaders we need at this inflection point for our company.”

Gayathri Rajan, Chief Product Officer at DriveWealth, commented: “I was drawn to DriveWealth for a number of reasons, but mostly because I believe in its mission to democratize investing. DriveWealth pioneered fractional trading and their API-first approach is a game changer in the industry. There is a tremendous opportunity to allow consumers around the world to participate in markets that were previously inaccessible, and to help them become owners of their financial futures. Since my first meeting with Bob, it was clear to me that built into the foundation of the company is deep domain knowledge of the brokerage industry and a mindset that supports partners in building innovative experiences for their users – a foundation of readiness that will drive the company into its next stage of growth.

“We are at the cusp of redefining investing with an ecosystem that is ready to embrace what’s coming. I simply couldn’t miss the opportunity of being part of a generation-defining change and company.”

Harshal Deo, Chief Technology Officer at DriveWealth, said: “I am passionate about leveraging technology to solve large-scale global problems, hence DriveWealth’s mission to democratize investing really appeals to me. I am impressed by the engineering team that Bob has already built at DriveWealth to deliver an industry-leading, ultra low latency trading platform. I am looking forward to augmenting that with top talent from Silicon Valley and leveraging recent advances in technologies like blockchain and AI to further accelerate innovation for DriveWealth’s partners.”

DriveWealth is an embedded finance giant that currently empowers more than 100 partners around the world. The firm offers branded investing experiences to drive customer acquisition, loyalty, retention, and revenue growth.

Read this next

Executive Moves

Christine Kiener joins Saxo Markets UK as Head of Institutional Sales

“I have been very impressed by the strong track record, clear strategic pathway and ambition of the Saxo business. I am excited to start working with the team to further grow the institutional footprint which has been established in the UK.”

Industry News

CFTC charges Rathnakishore Giri with $12m Bitcoin ponzi scheme

“Identifying and policing fraud in these emerging markets may be difficult or delayed in light of the agency’s limited visibility in these markets”, said CFTC Commissioner Kristin Johnson.

Institutional FX

AbbeyCross raises $2.47m to develop FX market infrastructure for EM currencies

Many EM currencies are currently traded without full-price discovery, creating an unlimited compliance and regulatory risk.

Digital Assets

YouHodler enhances Multi HODL: faster rates and execution, lower fees

“We know some traders mentioned freezing issues when opening or closing a Multi HODL deal. Now, those problems are completely gone”.

Industry News

ASIC bans Funds United Pty director for six years

The six-year ban will prevent Ms. Hutchinson from controlling an entity that carries on a financial services business, and performing any function within the industry.

Inside View

Brave new world: Recruitment of fintech talent in the new UK immigration environment

In this article, solicitor Denise Osterwald outlines what UK businesses should do to attract top talent from abroad.

Digital Assets, Interviews

FX goes Crypto: Exclusive interview with BVNK’s Jonathan Cumberlidge

BVNK is the new name in the City of London. Co-founded by ex-TradFi Chris Harmse, Balfour Group founder Jesse Hamson-Struthers, and ex-TrueLayer George Davis, the firm provides a single platform to bridge fiat and crypto together. 

Digital Assets

AAX ranked world’s second largest spot exchange, only behind Binance

Crypto trading volumes experienced their first surge in activity since March as the majority of digital assets began their recovery from the recent grim price action, according to a new report by Cryptocompare.

Digital Assets

Bitpay teams up with Cardlytics to provide 15% cashback rewards

Crypto payment service provider Bitpay announced a partnership with Cardlytics Inc (NASDAQ:CDLX), which it says will offer more rewards for BitPay cardholders on its platform.

<