Fintech Mobile Banking News

XTM Appoints Chief Financial Officer

XTM Appoints Chief Financial Officer

XTM, Inc., a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions for the hospitality and personal care industries throughout North America, is pleased to announce the appointment of Mr. Paul Dowdall as the Company’s new Chief Financial Officer (“CFO“), effective September 13, 2021.

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Mr. Dowdall has more than 20 years of management experience and 8 years as a corporate CFO with other companies where he has developed a strong and diverse skill set in accounting, financial management, corporate strategy and the development of new technology, among other things. Mr. Dowdall, was most recently CFO for Ignite International Brands Ltd. (CSE: BILZ) (“Ignite“) where he was responsible for managing the financial and IT operations across 11 corporate entities in 7 different countries, establishing internal and corporate controls, developing robust financial and reporting procedures, driving cost savings, establishing mechanisms to successfully increase corporate profitability, and lead Ignite’s financing efforts. Prior to Ignite, Mr. Dowdall was CFO for Diamond Estates Wine and Spirits (TSXV:DWS) and before that held various finance management positions at Apple Canada and Blackberry

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“After a rigorous search for the perfect fit, we landed on a CFO with experience, finesse, multi-disciplinary skills, and an ambitious, entrepreneurial spirit that fits our culture,” said Marilyn Schaffer, CEO of XTM. “We are thrilled to have Paul join our dynamic team.”

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