Cred Crypto Lender Names PayPal Veteran As CFO

Cred, a global crypto-backed lending and borrowing platform, has announced the addition of two executive team members.

Joe Podulka, a 10-year veteran of eBay and PayPal, joins Cred as chief financial officer. He was previously CFO and VP of Finance at Hearst Communications, where he helped drive the digital transformation for the media brand. He also spent 11 years at eBay/PayPal in a variety of roles in the U.S. and abroad, according to a press release.

“Cred is solving concrete problems for individuals, companies and governments,” said Podulka in the release. “Cred combines the best of blockchain and the best of traditional finance to offer superior financial services and is insured, licensed and compliant. It’s a pleasure to be a part of this winning team.”

And Dan Wheeler joins the company as general counsel, according to the release. He has 22 years of experience, most recently as a partner in the international law firm Bryan Cave Leighton Paisner LLP, where he led the firm’s FinTech practice team. He is also a past chairman of the Financial Institutions Committee of the California State Bar, as well as a past president of the San Francisco Bank Attorneys Association.

“I’ve seen many FinTech and blockchain companies come across my desk as head of Bryan Cave’s FinTech practice, but Cred stood out from the pack,” said Wheeler in the release. “Cred’s unique combination of global talent, growth potential and collaborative working relationships with regulators, politicians, investors and partners is a winning formula that led me to join this highly competent team. Cred has a highly sustainable model, and I expect it will have great success in the years to come.”

Dan Schatt, co-founder and president of Cred, added: “Cred is fortunate to attract some of the most talented executives in financial technology who identify with our mission of democratizing global borrowing and lending.”

Cred’s leadership team builds on its previous executive team announcements that include former executives from PayPal, Goldman Sachs and Tradeshift.