Edinburgh-based fintech Float has announced the arrival of a new c-suite team as the company continues its growth ambitions.
The trio of appointments will see the Float team grow to 17 full-time members of staff, with the new hires offering the firm extensive experience in leading international expansion.
Jennifer Given, formerly of CashMaster, will join Float as COO, while Tim Leslie will assume the role of CTO following an extended spell as R&D manager at SumDog. Nick Cole, former managing partner at Teviot has also joined as CMO.
Given said: “I hope to be able to use the experience I’ve gathered in my previous roles of growing Scottish tech businesses to support Float through an exciting period. I know it’s my job to help guide Float on this upward trajectory and deliver extensive and sustainable growth.”
Leslie added: “Arriving as CTO, it’s a relief to be working with a product that users already love. I was drawn to Float for how it helps the businesses that play such an important part in our economy. Float makes it safer to be in business – while empowering owners to take the right risks.”
The new c-suite will be responsible for helping Float maintain an extended period of high growth in which the firm has shifted its primary route to market and signed several leading global accountancy firms to its new partnership programme.
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Anderson Anderson Brown and Scott Moncrieff are among the list of established firms signed up to the scheme. They will also continue to build the Float team and ready the business for international expansion.
Float CEO and co-founder, Colin Hewitt, commented: “Following the introduction of Making Tax Digital, and with the colossal uptake of services like Xero, we are witnessing a breakthrough moment for digital accounting. In many ways, it’s the moment we’ve been waiting for since Float launched, and we hope the new team will help us capitalise on the extra interest and investment in this space.
“Our priority is to sign up progressive accountancy firms which understand that the future of accountancy is digital. Our new c-suite has a tremendous track record of building teams, growing businesses and meeting ambitious growth objectives and we expect them to prove these skills again with Float.”
Nick Cole added: “I want to help Float reach its full potential and to build a great brand. Accountants are fundamentally changing the way they work and are increasingly there to provide additional advice and support to clients on issues like cash flow, which is by far the biggest reason businesses fail. It’s exciting to be working in this space and we want to make the most of it.”