US fintech Raistone appoints Ksusha McCormick as new Chief Strategy Officer

Raistone has announced the addition of Ksusha McCormick to its executive team, where she will serve as the company’s new Chief Strategy Officer and spearhead the leading fintech’s next phase of growth.

In her role, McCormick will be responsible for alignment and implementation of strategic priorities across Raistone. She will oversee the teams responsible for corporate and product strategy, and will report to Raistone Chief Executive and Founder Dave Skirzenski.

“This is a pivotal time for the financial services industry, as many companies are forced to seek non-bank partners to meet their working capital needs,” McCormick said. “Uncertainty in the banking sector presents a tremendous opportunity for Raistone, which has proven itself to be a reliable, scalable and flexible provider of business funding. Amid rising interest rates and a stressed financial system, Raistone is a best-in-class partner for SMEs looking to strengthen their cash position using alternative working capital solutions.”

Commenting on the appointment, Dave Skirzenski said, “I am thrilled to welcome Ksusha to the Raistone team. She possesses the breadth of experience necessary to shape and drive our strategic priorities. Together, we will continue to deliver on our mission of helping businesses access new forms of capital.”

“Uncertainty in the banking sector presents a tremendous opportunity for Raistone, which has proven itself to be a reliable, scalable and flexible provider of business funding. Amid rising interest rates and a stressed financial system, Raistone is a best-in-class partner for SMEs looking to strengthen their cash position using alternative working capital solutions,” said Ksusha McCormick.

First incubated in 2017, Raistone has provided nearly $10 billion to date in business financing. Since inception, it has doubled in growth every 12 months, and has forged strategic partnerships with firms like SAP, Oracle, Coupa and Mastercard.

Ksusha McCormick boasts two decades of experience in financial services and fintech. Prior to joining Raistone, she co-founded and served as Chief Executive of Decameron Technologies, a fintech that provides sophisticated pricing, analytics and risk management solutions for loan, bond and other fixed-income portfolios. McCormick also previously led the launch of Seaport Global Asset Management, an SEC-registered investment advisor specializing in stressed, distressed and niche credit strategies.