Flagstone hires Ruth Jakobsen as new CFO

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Flagstone hires Ruth Jakobsen as new CFO


Financial savings fintech Flagstone has employed Ruth Jakobsen as its new chief monetary officer.

Jakobsen will work carefully with Simon Service provider, Flagstone’s founder and CEO on the agency’s business objectives because it seeks to additional scale its enterprise through the fintech financial savings race.

Jakobsen was most lately the CFO of Acin, a threat analytics fintech. She additionally held related roles at Moneysupermarket Group and FaceIt.

Based in 2013, Flagstone is a London-based fintech working within the more and more aggressive money financial savings market. Prospects can entry deposit accounts from 60 UK banks. 

Prospects, which quantity greater than 600,000, vary from corporations, charities and people. It’s at present seeing c.£1bn of quarterly inflows and has £10bn of buyer property. 

It additionally has B2B partnerships with the likes of St James’ Place in addition to powering financial savings choices from the likes of Revolut and Saga.

“Whereas fintech innovation in how people make investments was fast to reach, related disruption to the way in which we save money proved harder to get proper,” Jakobsen mentioned.

“I’m excited to have joined Flagstone’s gifted, various and bold workforce to encourage and assist extra savers adapt how they work together with their financial savings in a digital-first method,” she added.