Amount, a Fintech powering banking technology for consumer and small business account opening, loan origination and financing, announced Len Eschweiler as Chief Revenue Officer.
His appointment coincided with “the launch of Amount’s unified, cloud-based platform, designed to revolutionize account origination and empower institutions of all sizes with an unparalleled performance advantage which launched later part of 2023.”
With 25 years in tech sales and GTM leadership, Eschweiler reportedly “has a track record of success in high-growth environments.”
As an early executive at Affirm, he played a pivotal role in “establishing and leading GTM and sales teams, steering through hyper-growth and solidifying the company’s position as the category leader resulting in a successful 2021 IPO.”
Eschweiler also served “as Chief Revenue Officer at The RealReal, a luxury resale industry leader, orchestrating revenue efforts that generated over $1 billion in sales and culminated in a successful 2019 IPO. His expertise extends to driving revenue for several successful SaaS businesses and holding multiple leadership roles within Amazon, showcasing his expertise in high-growth environments at scale.”
Adam Hughes, CEO of Amount, said:
“This is a really momentous time for Amount. We are hyper-focused on growth, and thrilled to welcome Len to our team as we enter this exciting new phase. His extensive experience and strategic vision will be invaluable as we continue to develop and expand our unique Performance Advantage offering, empowering our customers within the marketplace.”
As noted in the update, Amount says it is “a global digital origination and decisioning SaaS platform powering high-velocity consumer and SMB origination for financial institutions.”
Developed by lending industry experts, Amount explains that it “helps banks drive profitability and achieve a Performance Advantage with a fully integrated and flexible platform underpinned by enterprise bank-grade infrastructure and compliance – enabling banks to deliver new and differentiated offerings within months, not years.”
With Amount, banks can optimize performance “across product categories while tapping into various service offerings including customer acquisition, funnel and performance assessments, and risk analytics.”
Amount clients include financial institutions collectively “managing just over $3.1T in US assets and servicing more than 50 million U.S. customers.”