CircleUp has announced that Nick Talwar has been appointed as the Chief Executive Officer.
SAN FRANCISCO: CircleUp, an investment platform powered by technology on a mission to help entrepreneurs increase their growth, has announced that Nick Talwar has been selected as the Chief Executive Officer. Co-founder Ryan Caldbeck, the CEO of the company since it was established in 2012, will become Executive Chairman.
According to Talwar, President and CEO, CircleUp, "I am honored to have the opportunity to lead this organization into its next phase of growth. I'm grateful for the company Ryan, Rory and the team created one based on remarkable technology, successful businesses built on top of that technology, and a work culture where innovation thrives. We have an exciting roadmap ahead and I'm inspired by our potential for growth and impact."
Talwar joined the company as President in July with 20-years of experience as an operator and investor at the intersection of technology and financial services. Most recently, before joining CircleUp, Talwar was a partner at Apis Partners, which is a growth equity investor in technology-focused financial services companies. As an operator and executive, he has used data to scale organizations. Talwar served as the Global Head of Vehicle Supply at Uber. This division is responsible for offering capital to millions of individuals in over 40 countries to facilitate driver access to vehicles. He was also the company executive at Amazon, responsible for building and leading the global lending business unit. Talwar used the company's data to serve businesses in ways the traditional financial services industry cannot. Talwar also directed the Visa's credit card business in North America. He developed the Visa Infinite platform for the U.S. and spent several years at Citi, with his last role as Country Manager for Citibank in Sweden, a digital bank in the market.
"I am incredibly proud of what CircleUp is today and confident in the road ahead," said Ryan Caldbeck, Founder, and Executive Chairman, CircleUp. "The team has helped hundreds of entrepreneurs to thrive, by giving them the capital and resources they need. We've worked with some of the most iconic consumer brands of the past decade while building a technology that will transform private investing. Last year, I decided that now is the right time for me to transition the CEO role to a new leader. We've brought on world class investors who will support the company through our next phase of growth, and, with the board, I am very excited to collaborate with Nick going forward."