Payments technology company Pay Theory has congratulated its CEO Brad Hoeweler on his appointment as an advisor to Fintech Frontier. Fintech Frontier is an innovation partnership of financial services corporations, and in his role Mr. Hoeweler will help to make Cincinnati a leading city for financial technology startups and businesses.
"Pay Theory and Fintech Frontier have a shared vision for the fintech sector and Cincinnati's role as a hub for innovation in payment platforms," said Mr. Hoeweler. "Cincinnati has an amazing group of large fintech companies and a growing group of startups looking to make their mark in the space. We look forward to being a part of this great story of growth and collaboration."
In addition, Pay Theory has announced that business leader Ed Rigaud has joined the company as an advisor. Mr. Rigaud is the first Black line vice president in the history of Procter & Gamble, who has also served on boards for leading organizations including the Federal Reserve Bank of Cleveland, Xavier University, the Cincinnati Zoo, the Ohio Board of Regents, and Children's Hospital of Cincinnati.
"Pay Theory is an important step in closing the gap for the unbankable and underbanked population, who are doing their best to succeed in this time of economic and family health stress," said Mr. Rigaud. "This is the type of innovation that our country needs to put all of our families on a firm footing. I am proud to be a part of this important bridge to economic empowerment for all of our families."