Form3 Appoints Anil Arora as Non-Executive Director to Support Scaling-Up Activity

Form3, the cloud-native account-to-account platform, today announces that it has strengthened its Board of Directors by appointing Anil Arora as independent Non-Executive Director.  

Based in San Francisco, Anil will bring to Form3 his significant experience in founding fintechs and scaling these into established US enterprises. Anil will help Form3 on its expansion journey, drawing on his experience of managing and understanding scaled Software-as-a-Service (SaaS) focused on financial institutions.  

In addition to Anil’s knowledge of fintech companies, he will draw on his broader experiences of expanding companies across both public and private sectors. Anil will work closely with Form3’s US Chief Executive, Dave Scola, as part of the company’s strong commitment to expand the US business as a key market. 

Anil is a successful businessman and CEO. He took Yodlee, then a small tech company, to initial public offering (IPO), before it was sold to Envestnet. He currently focuses on executive board and advisory positions across several public and private companies like ON24, Conagra Brands and Water.org. He has previously held senior corporate roles at Gateway and Kraft Foods, and worked in various business sectors including fintech, personal computing and consumer-packaged goods.  

Commenting on his new role with Form3, Anil says: “I am very much looking forward to working with the Form3 leadership team and the Board of Directors to help it to scale-up globally. Form3 is clearly an emerging leader in the payment technology business, so it is great to be on board at this very interesting and important time in its evolution.” 

Michael Mueller, Executive Chair, Form3, adds: “Anil is a very well-known and respected businessman and entrepreneur, having worked across many business sectors. We are very pleased he has joined Form3. His significant experience in scaling enterprise technology companies will not only help us to strengthen the governance of the business, but also drive growth in Form3’s key markets, including the US. Welcome on board, Anil.”

About Form3

Form3 is the account-to-account platform. Founded In 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform. Today, Form3 is trusted by some of the UK’s and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 has been awarded Accel Euroscape 2023 Top 100 Company, Tech of the Future for Banks & Financial Institutions 2023 by the Paytech Awards, Payments Tech of the Year 2023 at the UK Fintech Awards, and Engineering Team of the Year 2023 at the Europe Fintech Awards.