Form3 appoints Anil Arora as Non-Executive Director to bolster expansion plans

credit: Shutterstock
credit: Shutterstock

Account-to-Account payments platform Form3 has announced that Anil Arora has joined the company’s Board of Directors as a Non-Executive Director. 

Arora will be tasked with helping Form3 enhance its expansion plans by leveraging his experience in the fintech field where he focused on Software-as-a-Service (SaaS) for financial institutions.

In addition to Arora’s knowledge of fintech, he will also draw on his experiences of expanding companies across both public and private sectors, working closely with Form3’s US Chief Executive, Dave Scola, as part of the company’s commitment to expand the US business as a key market.

Commenting on his new role, Arora said: “I am very much looking forward to working with the Form3 leadership team and the Board of Directors to help it to scale-up globally. 

“Form3 is clearly an emerging leader in the payment technology business, so it is great to be on board at this very interesting and important time in its evolution.”

Arora’s past roles include taking Yodlee to an IPO, before it was sold to Envestnet. He currently focuses on Executive Board and advisory positions across several public and private companies like ON24, Conagra Brands and Water.org

Arora previously held senior corporate roles at Gateway and Kraft Foods, and worked in various business sectors including fintech, personal computing and consumer-packaged goods.

Michael Mueller, Executive Chair of Form3, added: “Anil is a very well-known and respected businessman and entrepreneur, having worked across many business sectors. We are very pleased he has joined Form3. 

“His significant experience in scaling enterprise technology companies will not only help us to strengthen the governance of the business, but also drive growth in Form3’s key markets, including the US.”