Paris Brings Deep Domain Experience in Finance, Risk and Operations
LOS ANGELES, Nov. 17, 2022 /PRNewswire-PRWeb/ -- Sunbit, the company building financial technology for everyday expenses, today announced James Paris has joined the team as Chief Capital Officer. James joins after leading Avant as President and CEO. As Sunbit's Chief Capital Officer, James will drive the company's debt and equity capital funding strategies and relationships with market participants, as well as the execution of related transactions. With his deep domain expertise in finance, risk, operations, and compliance, James will help drive the company forward as it enters its next stage of growth.
"We were incredibly fortunate to have Eric Thaller leading our capital markets strategy and financial planning and analysis efforts since Day One. With gratitude, we wish Eric well in his future career. Today we're lucky to have James stepping into this critical role," said Arad Levertov, CEO, Sunbit. He added, "As an industry veteran leader with both operational and financial experience, James will ably lead our capital funding strategies so that we continue to serve the ever-growing number of consumers who are relying on Sunbit to get what they need and get on with life."
James brings a storied history of financial leadership to Sunbit, joining the company after leading Avant, first as EVP, Strategy and Capital Markets, and later as President and CEO. Prior to that James was a Managing Director at BMO Capital Markets, UBS Investment Bank, Barclays Capital, and Deutsche Bank Securities.
"Sunbit's fundamentals are impressive, and its value proposition is outstanding. Its technology is best-in-class, offering access to terms that are unparalleled in the industry," said James Paris, Chief Capital Officer, Sunbit. "However, it is the company's spirit of service and its customer-centric culture that cemented the deal. I couldn't pass up the opportunity to collaborate with Arad and the team. The future for Sunbit is bright, and I am excited to share what comes next," he concluded.
James holds a JD from Harvard Law School and a BS in finance from Indiana University.
About Sunbit
Sunbit builds financial technology for real life. Our technology eases the stress of paying for life's expenses by giving people more options on how and when they pay. Sunbit offers a next-generation, no-fee credit card that can be managed through a powerful mobile app, as well as a point-of-sale payment option available at more than 16,000 service locations, including auto dealership service centers, optical practices, dentist offices, veterinary clinics, and specialty healthcare services. Sunbit was included on the 2022 Inc. 5000 list. The financial technology company has also been named as a Most Loved Workplace®, Best Point of Sale Company, A N.A. Deloitte Technology Fast 500 company and as a Top Fintech Startup by CB Insights.
Loans are made by Transportation Alliance Bank, Inc., dba TAB Bank, which determines qualifications for and terms of credit. The Sunbit Card is issued by TAB Bank, pursuant to a license from Visa U.S.A. Inc. Use of the card is subject to the cardholder agreement.
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