OurCrowd backed ThetaRay Appoints Peter Reynolds as CRO

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer.

ThetaRay is an OurCrowd portfolio company having enabled over $13 million in two securities offerings.

Reynolds will be responsible for leading end-to-end sales and revenue growth operations as ThetaRay focuses on its international expansion with banks, Fintech companies, regulators, and various other partners.

Reynolds remarked:

“I am excited to join as ThetaRay embarks on a high-growth phase to scale business globally. I look forward to working with the team, customers and partners to deliver value to the entire global payments ecosystem.”

Reynolds has over 20 years of professional experience selling enterprise-grade software to financial institutions, Fintech firms and international corporations. He specializes in building high-performing revenue organizations that are able to achieve hyper-growth.

Reynolds began his career working at HSBC before occupying senior-level sales leadership roles at Earnix, Fundtech, Reval, and Thomson Financial. He possesses a law degree from London Guildhall University.

ThetaRay CEO Mark Gazit stated:

“Peter has proven success as a fintech revenue leader, and we are thrilled to welcome him onboard during this key growth stage By creating a secure financial network, our AI transaction technology enables fintechs and banks to increase growth and revenues, improve customer service, and deliver a new standard of trust.”

The company recently shared how intuitive AI from ThetaRay is able to reliably identify attempts to circumvent economic and trade sanctions and help government agencies and financial institutions maintain “uninterrupted correspondent banking activities.”

The company notes that this is how ThetaRay is helping “to establish a new level of trust in the financial system.”

The firm’s CEO Mark Gazit recently had the opportunity (at Cybertech Global TLV 2022) to share with Israeli Prime Minister Naftali Bennett the value of ThetaRay’s advanced AI technology to address the current global financial security challenges.

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