He has a confirmed monitor report throughout Ads (Google Search, Display, Apps), Commerce (Shopping & Travel), and Rideshare
Varo Bank has appointed Jon Alferness as its new Chief Product Officer to assist increase its digital banking choices with a deal with enabling wealth creation for underserved communities which were left behind by the normal banking business.
As a part of his function, he’ll lead Varo throughout Product, in tandem with engineering, enterprise, and operations, to strategize, construct, function and optimize its market system at scale.
Jon Alferness has greater than 20 years of expertise in constructing, scaling, and optimizing shopper merchandise, having most not too long ago served as VP of Rideshare at Lyft, the place he led the engineering, product, and income groups of the corporate’s core shopper and enterprise trip sharing companies.
Prior to Lyft, Jon served as SVP, Ads and Commerce at Pinterest, main the corporate’s income operation after spending twelve years at Google, the place he held numerous management roles on the adverts and commerce groups. He has a confirmed monitor report throughout Ads (Google Search, Display, Apps), Commerce (Shopping & Travel), and Rideshare.
Colin Walsh, founder and Chief Executive Officer at Varo Bank, commented: “We are thrilled to have Jon join Varo. To win in an increasingly competitive environment, Jon and his team will focus on an integrated product strategy that delivers significantly greater core product value and engagement with our customers. They will leverage Varo’s unique assets to drive product innovation and rapidly accelerate customer growth and profitability.”
Jon Alferness, Chief Product Officer at Varo Bank, mentioned: “Throughout my career, I’ve worked closely to focus development teams on the critical needs of users in order to build long-term, high-growth, sustainable businesses. I’m thrilled to join Varo, and with our very capable development teams, to unlock the power and opportunity of banking for all.”
Varo Bank, which has not too long ago raised $510 million in a Series E spherical taking its valuation to $2.5 billion, has doubled its buyer accounts to 4 million and tripled income since being awarded its constitution.
In October 2021, the agency appointed Amy Ferris as Chief Growth Officer. The advertising and marketing veteran has served at numerous main shopper know-how corporations together with Apple, Spotify, and Amazon.