Former IMF and Bank of Canada Executive Joins CAARY Capital as CFO

TORONTO--(BUSINESS WIRE)--CAARY Capital today announced the appointment of Sabrina Pilbauer to Chief Financial Officer, effective December 1, 2021.

A seasoned finance executive and business leader, Pilbauer steps into the role after two years as an external expert with the International Monetary Fund, supporting central banks around the world with financial management and complex accounting matters. Prior to that, Pilbauer led the financial operations function for the Bank of Canada. She also held leadership positions at Bank of America, formerly MBNA Canada Bank.

“CAARY has intentionally brought together life-long entrepreneurs and seasoned banking and technology executives to develop an incredible fintech product. The addition of Sabrina is the perfect complement,” said John MacKinlay, CEO of CAARY. “Her experience in growth strategies, her deep institutional knowledge and her background in the credit and lending space will be critical as we embark on our next funding round and as we continue to create opportunities for small and medium-sized businesses to capitalize.”

In her role, Pilbauer will oversee CAARY’s accounting, financial reporting, financial planning and analysis, payroll, procurement, reporting, tax and treasury functions. She will report to John MacKinlay and work closely with CAARY co-founders Jason Sawyer and Steve Apostolopoulos.

“This is an exciting time to join CAARY,” said CFO Sabrina Pilbauer. “The fintech space in Canada is thriving and CAARY is pioneering positive change for small and medium-sized businesses. I’ve seen firsthand the challenges these businesses face accessing capital around the world. CAARY’s business model is going to make a significant difference and I’m proud to be a part of that.”

About CAARY Capital Ltd.

CAARY is a fintech platform for small and medium-sized enterprises (SMEs), led by the CAARY corporate Mastercard. CAARY offers the most accessible and versatile credit on the market, with higher limits, no personal guarantees and infinitely more functionality than traditional cards. SMEs can expect integrated accounting, payment and expense functionality combined with no-fee cards, 1.5% cash back on all spend, fully digital sign-up and onboarding and same-day approvals. 98% of Canadian businesses are SMEs. Accessible credit cards, capital and fintech products are the tools to help them compete, grow and thrive. Visit caary.com for more information.