American Fintech Council appoints Phil Goldfeder as CEO
The American Fintech Council (AFC) has appointed Cross River executive Phil Goldfeder as its new CEO.
Goldfeder, who will begin his new role in March, brings more than two decades of experience working in the private and public sectors. Most recently, he served as senior vice president of global public affairs at Cross River, a fintech firm offering embedded finance solutions.
He previously served as an elected member of the New York State Assembly, and before that served as a senior advisor to Senate Majority Leader Chuck Schumer and New York City Mayor Michael Bloomberg.
In his new role, Goldfeder will be tasked with leading the AFC’s mission to “promote responsible innovation and inclusivity” within financial technology services. The AFC says he will play a “key role” in the formation and maturation of the council and collaborate with government leaders, industry stakeholders, regulators, nonprofits, and community advocates.
Speaking on the move, Goldfeder says: “Fintech is paving the road for the future of financial services and the American Fintech Council sets the standard to differentiate the responsible companies and industry experts who are focused on consumer protection, transparency, compliance, and regulatory modernisation.”
The AFC was established in March 2021 via the merger of the Marketplace Lending Association (MLA) and Online Lending Policy Institute (OLPI). The council consists of more than 50 members, including fintech firms Bond, Chime, Green Dot, and DailyPay.