Former Goldman Sachs govt director Laura Mineo has joined Byron Bay-based service provider funds fintech Zepto as Chief Monetary Officer.

Her C-suite position follows the appointment of Julia Bearzatto as Chief Product Officer in November final 12 months.

Mineo was most not too long ago in New York as CFO at locally-founded, US-based Rokt, Australia’s third most-valuable non-public tech firm behind Airwallex and Canva, with a valuation of $750 million, which is reportedly getting ready to record publicly.

Mineo mentioned the position at Zepto appealed as a result of the fintech had “created one thing really particular” within the real-time funds area.

“There’s an unbelievable alternative in entrance of us. Zepto’s trusted, world-class know-how opens up a novel set of entry factors to Australia’s funds infrastructure,” she mentioned.

“We’re altering the best way worth strikes via the financial system and redefining the way forward for enterprise funds.”

Zepto started life in 2018 within the Northern NSW vacation city as Break up Funds. The API-embedded infrastructure was initially developed to unravel the funds issues of the 4 founders of their skydiving enterprise  The fintech rebranded as Zepto in 2021 and final March raised $25 million in a Collection A spherical led by Sydney VCs AirTree Ventures and Decade Companions.

Zepto was the primary non-bank fintech authorised to attach on to the New Funds Platform for PayTo as a ‘Related Establishment’, and the primary non-bank funds supplier Accredited Information Recipient (ADR) beneath the Client Information Proper (CDR). It creates real-time account-to-account cost options for companies through API-powered options.

CEO Chris Jewell mentioned Mineo’s work with refined monetary establishments will likely be helpful for Zepto’s worldwide expertise and insights because the enterprise appears to be like out for world alternatives.

“We’re thrilled to welcome Laura to Zepto’s management workforce,” he mentioned.

“It’s thrilling to faucet into the expertise Laura gained driving world technique at Goldman Sachs via a interval of transformation, and main Rokt’s finance operate and funding technique.”