Log in

Tradeshift appoints new CFO

Wednesday 14th February, 2024

Tradeshift the B2B e-commerce and fintech platform, has announced that Iain Balchin has joined the company as its Chief Financial Officer (CFO). Iain brings over 25 years of experience as a senior financial executive across various sectors, including fintech, financial services and wealth management.

Iain has a notable record in helping scaling fintech businesses reach the next level. As interim CFO at crypto payment platform Ramp Network, he successfully led a $70 million Series B fundraising during a challenging market period. His track record also includes CFO positions at payments optimisation platform Ixaris (acquired), neobank WiZink, and WorldRemit, where he spearheaded finance division restructuring to position the company for future investment.

Iain joins Tradeshift from Dublin-listed energy storage company Corre Energy, where he led a successful equity raise to enable further development of major renewables projects. Before this, he held Group CFO positions at AIM-listed publishing business XL Media and wealth management firm Ascot Global, which he took from listing to eventual sale. Iain has also worked in senior finance roles with St James Place Wealth Management, Lloyds Banking Group, BNP Paribas, AIG, Standard Chartered and Credit Suisse.

“Iain’s experience in scaling disruptive businesses will be invaluable in helping us achieve sustainable growth, scale, and profitability,” said James Stirk, CEO at Tradeshift. “Following our recent announcement of the joint venture with HSBC, we have a significant opportunity to embed revenue-generating value into every transaction across the Tradeshift network. I have every confidence that the team we have in place today is the one that will help us reach our full potential.”

Iain will be a key member of a new-look executive leadership team assembled since James Stirk’s appointment as CEO in September.

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.