On Tuesday, California fintech Zebit announced it has appointed former LendUp Head of Capital Markets, Steve Lapin as its new Chief Financial Officer. According to the startup, Lapin has 15 years of experience in sourcing debt and equity investments, well as investor relations and financial modeling at credit and investment organizations. While speaking about Lapin’s appointment, Marc Schneider, Co-founder, President and CEO of Zebit, stated:
“We are very excited to welcome Steve to Zebit. His experience in equity and debt investments and FP&A chops are tremendous assets that we’ll leverage as Zebit continues to scale rapidly.”
Zebit went on to add that prior to LendUp, Steve spent 6 years at Virgo Investment Group, a San Francisco Private Equity company. While at Virgo, he was focused on sourcing, originating and underwriting specialty finance, insurance, healthcare, niche industrial and real estate transactions.
Founded in 2015, Zebit currently provides members up to $2,500 interest-free credit to shop millions of name brand products that can be paid over time without interest, membership fees, or credit checks. The company noted it was founded to provide a radically better financial alternative for all consumers.