Spave creates Advisory Council
August 17, 2024
Spave, a financial technology company founded by Susan Langer of Red Wing, has formed a new Advisory Council aimed at driving growth in a new vertical market after the company exited the credit union industry in 2023.
Ajay Nair, Spave’s former co-founder, CTO and chief architect, has also rejoined the company as an advisor, marking a “significant milestone” for the company, Spave announced July 31. Nair played a “pivotal role” in the company’s early development and success, and his experience and understanding of the company’s mission and technology will be invaluable as it embarks on a new strategic direction, according to the announcement.