Live Oak Bancshares in Wilmington, N.C., has hired an executive to oversee its embedded banking efforts.
The $8.2 billion-asset company said in a press release Tuesday that Jake Tupa, as head of embedded banking, will report to Stephanie Mann, its executive vice president of corporate development and strategy.
Tupa previously worked at Choice Financial and Citigroup, where he managed fintech partnerships, technology innovation and digitization efforts.
“We are very pleased to have Jake spearhead our approach to embedded banking,” Mann said in the release. “His experience and skills will accelerate our ability to deliver products and solutions that are seamlessly integrated into the systems small business owners use every day.”