The founder of Banking as a Service (BaaS) firm Bankable is to step down from his role as chief executive after 13 years in the role.

Writing on Linkedin, Eric Mouilleron said that the time had come to “pass the CEO torch and embark on a new chapter of my journey.”

Mouilleron confirmed that he would remain as a member of the board, with the company yet to announce the name of his replacement.

“Building Bankable from the ground up has been an extraordinary adventure, and I am immensely proud of what we have achieved together,” Mouilleron said. “The memories we’ve created, the challenges we’ve overcome, and the successes we’ve celebrated will forever hold a special place in my heart.”

He added: “As Bankable founder, shareholder and Board member, I look forward to support Bankable’s continued growth and success from a different vantage point. This is not a goodbye but a ‘see you later’.”

Bankable, which was founded by Moulleron in 2010, provides BaaS that “enables financial institutions, corporates and FinTechs to develop and deploy bespoke or turnkey banking solutions”.

Last year, the company acquired embedded finance platform Arex Markets to enable it to embed working capital and credit into the payment flows of neobanks, multinational brands and FinTech platforms.

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