JACKSONVILLE, FL – December 1, 2021 – NYMBUS®, a leading provider of banking technology solutions, today announced the appointment of trusted fintech advisor and financial services leader David Rabkin to its Board of Directors, representing Financial Services Capital.
David has a long history of driving growth for financial, consumer goods, and B2B institutions, with a focus on business transformation. He notably served over 15 years in progressive roles with American Express in New York, NY.
“As Nymbus supports a widening list of partner banks, credit unions, fintechs and brands—we are privileged to welcome David into our next phase of company development and expansion,” said Jeffery Kendall, Chairman and CEO of Nymbus. “We’re proud to build out a team of such diverse expertise and strengthened leadership and look forward to David’s valued guidance as our technology and services growth models continue to disrupt the financial services market.”
As Executive Vice President & General Manager for US Small & Mid-size Enterprises at American Express, David led one of the firm’s largest segments. In this role, David drove acquisition, growth, and retention of US business customers from sole proprietorships to customers with hundreds of millions of dollars in revenue. Earlier, as Executive Vice President, Global Marketing, Commercial Services, he led end-to-end marketing globally for the Commercial Services business.
David also served as Senior Vice President, Consumer Lending Products, overseeing the US Consumer Lending group, including all proprietary consumer credit and co-branded cards and the launch of the Amex EveryDay card, American Express’ most successful consumer launch in a decade.
Currently, David serves fintechs and financial services firms, both directly and as a McKinsey Senior Advisor and in his role as a Nymbus Director.
David sits on the American Ballet Theatre Board of Trustees in New York, NY. He also spent four years on the Board of the American Express National Bank and its predecessor bank. A recognized thought leader, he is an accomplished speaker and writer, having been invited to speak at the Association of National Advertisers, the Consumer Electronics Show, Harvard and Tufts Universities, and the University of the West Indies. For two years he penned a bi-weekly column in the Jamaica Daily Gleaner and was a contributing author to In the River They Swim.
For more information on Nymbus’ Board of Directors, please visit nymbus.com/about/.
Nymbus enables banks and credit unions of any size to accelerate growth through new routes to market. This includes a full suite of banking technology applications available to modernize and optimize existing channels, as well as the operational resources to get to market quickly with a full-scale digital bank immediately positioned at capturing new niche customer segments. Whichever growth path you choose, Nymbus buys back decades of lost time and accelerates your ability to engage and support the entire customer journey.
About Financial Services Capital
Financial Services Capital is a specialist mid-market private equity investor in financial services companies across Europe. The firm was founded in 2020 to capitalise on a once-in-a-generation investment opportunity, transforming businesses through a hands-on, operationally focused and technology-enabled value creation strategy. FSC is led by Managing Partners Matthew Hansen and Miroslav Boublik, who bring a unique combination of operational and technology expertise, and have assembled a group of highly experienced investors, operators and technology experts with more than 220 years of collective experience working inside financial institutions. For more information on FSC, visit www.financialservicescapital.com or follow us on LinkedIn.