RICHMOND, Va., April 16, 2025 /PRNewswire/ -- Koalafi, a prominent player in the consumer finance sector, has recently made significant strides in enhancing its leadership team. The company announced a series of strategic appointments that underscore its commitment to innovation and sustainable growth within the rapidly evolving financial landscape.

One of the key appointments is that of Charles Battle, who steps into the role of Chief Product and Technology Officer (CPTO). Battle arrives at Koalafi with a distinguished background in fintech, having previously served as the Head of Product at Ibotta, a leading rebate app. His extensive experience in building high-impact product and technology teams positions him well to oversee Koalafis product strategy, engineering efforts, and platform innovations. In this capacity, Battle will play a crucial role in scaling the companys financing offerings and expanding its retail footprint.

Were thrilled to welcome Charles to the leadership team, said Eric Kobe, CEO of Koalafi. His deep expertise at the intersection of technology and consumer finance will be instrumental as we enhance our platform and deliver smarter, more inclusive financing solutions to merchants and the customers they serve. Kobe's enthusiasm reflects the broader vision Koalafi has for its future, aiming to innovate and improve customer experiences in financial services.

In addition to Battles appointment, Koalafi has bolstered its Board of Directors with the addition of two seasoned industry veterans. Miles Reidy, a Partner Emeritus at QED Investors, brings with him decades of valuable experience in financial services and retail. His previous leadership roles include serving as CFO at prominent organizations such as Sears Holdings and Audax Health. Reidy has been a trusted advisor to numerous high-growth fintech companies, helping them scale responsibly in a competitive market.

Furthermore, Steve Allocca, an accomplished fintech executive and entrepreneur, joins the board with a wealth of operational and lending expertise. Alloccas most recent position was CEO of Funding Circle US. He has a proven track record of profitably steering multi-billion-dollar businesses at major financial institutions, including PayPal, Wells Fargo, LendingClub, and Bluevine. His insights will be instrumental in guiding Koalafi through the complexities of modern consumer finance.

Miles and Steve bring an extraordinary breadth of experience and insight into the challenges and opportunities of modern consumer finance and scaling businesses, added Kobe. Their guidance will be invaluable as we double down on our mission to provide inclusive financial products that help businesses and consumers succeed. This strategic move reflects Koalafis robust growth trajectory and its vision to modernize point-of-sale financing with a clear focus on transparency, access, and exceptional customer experience.

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