Copper Banking, a digital bank for teens, has hired as VP of Customer Experience and Compliance, according to a note from the firm. Gonzalez was previously Head of Member Services at Chime Bank, a digital bank that has scaled rapidly over the past ears with a current valuation of around $14.5 billion. Copper hopes that Gonzalez will bring along some of that growth m0jo for the hot Fintech sector. Copper currently leverages a relationship with Evolve Bank & Trust to offer banking services.
Copper co-founder and CEO Eddie Behringer said that Gonzalez brings tremendous experience in helping neobanks scale their customer experience and compliance efforts.
“We could not be more excited to have him on the team.”
Gonzalez commented on his appointment:
“I am delighted to be joining Copper at such an important time in the banking industry, as it pivots towards a more inclusive financial model and looks to attract younger customers to their services. As the demographic focus shifts to teenagers, consumer behaviors, expectations and needs are changing, and the market landscape has evolved. Copper is ideally placed to capitalize on this disruption and to deliver real long term benefits to a new generation of bank customers. I am looking forward to joining the team and to help Copper reach its full potential over the coming months as it prepares to launch its services to consumers.”
Seattle based Copper recently completed a $4.3 million dollar funding round led by PSL Ventures. Copper Banking currently includes an app for iPhone and Android and a debit card that connects parents and teens to teach teens how to make smart financial decisions.
Copper reports that it has built a waitlist of tens of thousands of users as it aims for general availability in the “near future.”
Copper is currently in a private beta with parents and teens actively using the debit card and app.