Fintech Expert Michael Pearl Joins Kirobo as COO

Tel Aviv-based Kirobo, a Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term working on decentralized solutions, has appointed Michael Pearl as the company’s new Chief Operating Officer, who has already begun the new role.

Pearl joined the company weeks after it raised $5 million in funding from DigiMax, another company providing Artificial Intelligence and crypto technology solutions. His role in the company will be crucial as the startup is planning to utilize the proceeds in launching wealth management and more crypto transaction products.

"I'm delighted and thrilled to be joining the winning team of Kirobo," Pearl told Finance Magnates. "Kirobo's groundbreaking technology has already revolutionized the way people transfer cryptocurrency, and it has a bevy of new (and even more exciting) products, set to be released in 2021."

"I aim to help Kirobo scale and expand its growing community of users, with the purpose of becoming one of the main cornerstones in the world of DeFi."

A Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Industry Expert

Pearl is a fintech industry insider having spent almost a decade with several companies in the space. He joined Kirobo from Natural Intelligence where he spent less than a year as the Head of content, where he oversaw the related needs of the company’s fintech unit.

Prior to that, he spent almost half a decade with Finance Magnates. He joined the organization as its Head of intelligence in 2015 and separated as the Director of content. There, he oversaw the intelligence department and overlooked the strategy and activities of the financial news platform. In addition, he managed a global content team, among his other duties in the company.

Moreover, he spent a year as an editor and a correspondent at Tel Aviv-based media house, Calcalist.

Pearl is a law graduate with a master's degree in international relations, obtaining both degrees from the University of Haifa. Apart from his mandatory defense services, he served as a senior parliamentary advisor at the Knesset.

At Kirbo, he joined the small team, which is aggressively expanding. Founded in 2018, the startup has already developed a solution that allows the cancellation of a transaction, if sent to the wrong address and is in talks with multiple cryptocurrency exchanges to integrate its solution.