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Stock impact report

Brex's compliance head has left the fintech startup to join Andreessen Horowitz as a partner [TechCrunch]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: TechCrunch
Andreessen Horowitz (a16z) as a partner and compliance officer, TechCrunch has exclusively learned. Rathod-Papier and a16z declined to comment on the move. According to her LinkedIn profile , Rathod-Papier now “oversees a16z's foreign expansion and policy efforts, supporting the government affairs team, managing financial crime and national security risk, as well as overseas operations.” She was at Brex for a total of 2 ½ years, serving in a variety of roles including head of financial crime compliance before joining a16z in May. Brex CFO Ben Gammell told TechCrunch that her departure was “amicable,” adding that Rathod-Papier “made invaluable contributions to financial management and compliance during her time at Brex” and that she helped position the startup “well for growth” in its next chapter. Rathod-Papier shared the decision with colleagues in April, according to a Slack communication viewed by TechCrunch. A Brex spokesperson told TechCrunch this week that the startup is Show less Read more
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