Financier Brim Broadens Appoints Abraham Tachjian to Oversee Regulatory Matters
In a significant move for the financial services industry, Abraham Tachjian has joined Toronto-based Brim Financial as its Chief Regulatory Affairs Officer. Tachjian, who previously headed open banking for the federal government and held a director position at PwC Canada, brings a wealth of experience to the Canadian company.
Tachjian's ties to Brim Financial predate his work on Canada's open banking project. He had engaged with the company's team through various working groups and panels, which deepened his appreciation for Brim’s ambitious vision and innovative technology.
Brim Financial, founded in 2017, aims to redefine the credit card and payment infrastructure landscape by leveraging cutting-edge technology. CEO Rasha Katabi stated that the company's goal is to build the infrastructure for the future of banking with a global reach and continuous innovation to serve customers better.
With Tachjian on board, Brim Financial plans to continue executing on its robust product roadmap, focusing on platform automation, and integrating open banking capabilities. The company's vision includes empowering customers to thrive in a rapidly evolving environment and expanding internationally, including growth into the US market, as evidenced by their $85 million Series C funding round in 2024.
In his role, Tachjian works closely with Katabi and the team to advance their mission. He is focused on helping build the future banking infrastructure by pushing boundaries and facilitating innovation within the financial services space. Tachjian expresses belief in Brim's "global potential."
The funding round will accelerate Brim's growth and fuel its international expansion. EDC Investments, White Owl Group, and others powered the Series C funding round, demonstrating confidence in Brim Financial's transformative potential in the credit card platform and payment automation space.
Tachjian's arrival at Brim Financial marks a significant step forward in the company's journey towards redefining the credit card and payment infrastructure landscape on a global scale. With his expertise in regulatory affairs and his passion for innovation, Tachjian is poised to play a crucial role in Brim Financial's mission to transform the future of banking.
[1] Information sourced from Brim Financial's official press release.
Tachjian's role at Brim Financial involves facilitating innovation within the financial services space, focusing on investing in platform automation and integrating open banking capabilities for a global reach. As he works closely with the team, his expertise in regulatory affairs will potentially help redefine the credit card and payment infrastructure landscape, especially as Brim Financial expands into international markets like the US.
