Who is the new CFO at risk decisioning tech firm Provenir?

Who is Andres Elizondo, the Wharton School graduate who has just been announced as the Chief Financial Officer at risk decisioning tech firm Provenir?

Provenir – a technology company that uses artificial intelligence (AI) to help fintechs and financial service providers to make better risk decisions – has hired Andres Elizondo as its new Chief Financial Officer.

The company says the appointment “reflects Provenir’s commitment to growth and the development of innovative industry solutions”. Last year, the company said that fraud prevention was the biggest driver for investments in AI-enabled risk decisions.

But who exactly is the company’s new CFO?

Graduate from prestigious Wharton School

Andres Elizondo brings a wealth of experience to his new role, according to his new employers, which combine both finance and strategy. This will serve him well in his new position, which involves overseeing all of Provenir’s finance functions.

He has more than 15 years of experience and has built up a track record in creating and leading the finance functions of global technology companies as well as private equity-backed firms, Provenir says. He was previously Group CFO at software development platform Builder.ai and CFO EMEA for Rackspace Technology, including being involved in the leadership team that took the company public.

“In these roles,” Provenir says, “he implemented strategies that drove growth and delivered exceptional shareholder value”.

He holds a bachelor's degree in Mechatronics Engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey in Mexico. He also has an MBA from London Business School as well as The Wharton School at the University of Pennsylvania. Based in London, he will work with Provenir’s global finance team in New Jersey, the UK, and India.

Provenir welcomes ‘unique blend’ of expertise

“Andres brings a unique blend of technical knowledge and financial expertise,” says Provenir Founder and CEO Larry Smith. “I am confident the addition of Andres to our leadership team will help support Provenir’s expansion and market leadership goals.”

Elizondo himself says: “I’m very excited to join Provenir and be part of the company’s growth. Provenir has been at the forefront of developing industry-leading risk decisioning and data analytics solutions to meet the rising need for high-quality financial services. I’m looking forward to championing Provenir’s growth plans and delivering even more value for our customers.”

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