Embedded Finance Fintech Alviere Appoints Wes Schmidt as CRO

Alviere, which claims to be the “leading” provider of enterprise software solutions that easily enable any brand to deliver a “full suite” of financial products and services to customers, fans, and employees, recently announced that it has appointed Wes Schmidt as the firm’s Chief Revenue Officer.

A Fintech industry veteran with more than 20 years of professional experience managing relationships and leading the teams responsible for the world’s most “systemically influential” financial institutions, Schmidt will be “tasked with building out Alviere’s global sales organization.”

Wes Schmidt stated:

“As I looked for a new opportunity to join an organization innovating in the fintech arena with massive growth potential, Alviere stood out as the most compelling company I met. Alviere’s embedded finance platform, The HIVE, brings a powerful value proposition to the market, driving new streams of revenue for enterprise customers and broadening the relationships they have with their customers, existing and new. I’m thrilled to join Alviere’s leadership team which has so much cohesiveness and alignment on approaching this tremendous market opportunity.”

Previously, Schmidt led strategic accounts for Thomson Reuters Americas, where he was “responsible for all financial and risk products and solutions.”

Schmidt also “held a variety of positions building and developing high-performing global sales teams in EMEA and APAC.”

His most recent role was “as Group Global Head of Strategic Accounts at Refinitiv, a London Stock Exchange Group (LSEG) business, where he managed the team responsible for all data and analytics, capital markets and post-trade solutions.”

Yuval Brisker, Co-Founder and CEO of Alviere, remarked:

“With an abundance of sales and international experience, Wes has an incredible understanding of the various markets we are targeting across the Americas, Europe and LATAM. And, as a sought out executive, Wes’ decision to join Alviere reflects the excitement and interest we are seeing across the board for our business and for the embedded finance industry at large. We’re grateful to have such a seasoned professional join us on this journey as Chief Revenue Officer as we seek to add financial services to the business of the brands we know, love, and patronize daily and redefine the relationship with them and their customers, employees, and fans across the world.”

The announcement of Schmidt’s appointment “comes on the heels of a year of tremendous growth for Alviere.”

In addition to raising $70 million from leading fintech venture firms, Alviere “appointed its first CFO, and will see major brands launching neo-bank services to consumers using its platform later this year.”

As covered, Alviere provides “the most complete enterprise software solutions for embedded financial technology available on the market today.”

Alviere enables “the world’s most trusted and visible brands to offer financial products to their customers for the first time, via a one-stop shop, fully compliant, and future-proof platform.”

Alviere’s platform “enables global brands to increase profits, enhance customer relationships, and deepen consumer insights, all while increasing satisfaction and long-term customer retention.”

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