Source: 11Onze
Community Fintech start-up 11Onze has appointed Raul Arribas, who has led engineering, IT, and cybersecurity projects for leading platforms such as Amazon, on demand courier service Glovo, and Blueliv as Chief Technology Officer (CTO).
Arribas will particularly look into cybersecurity issues and adding new functionalities to the Super App El Canut.
Commenting on Arribas’ role, James Séne, Chairman 11Onze said, “He has arrived at a most pivotal time as 11Onze launched its Digital payment super app El Canut. In the fintech and fincom sector, you have to give absolute security to customers. Trust is at stake. When you have to execute complex digital transactions, cybersecurity has to be an almost obsessive concern, because malware is the order of the day. Cybercrime is a big money business and any company is vulnerable. That’s why every step you take technologically is extremely important, and you take it always thinking about security. This is what we do at 11Onze.
“Nowadays, almost all modern companies are technological. So a community financial institution like ours is also technological. 11Onze is not just a business that uses technology for some of its processes - our entire business is our technology,” he added.
Fintech 11Onze has been rapidly adding to its arsenal of services, starting with the launch of La PLaça, a private social network for financial literacy, releasing digital tokens Les Peles and the recent launch of super app El Canut- a wallet of wallets.
Commenting on his appointment, Arribas said, “11Onze is building amazing products that deliver real benefits to the community, and technology is extremely important to help deliver its objectives, especially from a security standpoint.”
“There are many competitors who are willing to obtain the confidential information you generate. And there are also many players in the cybercrime industry who want to get their hands on this information to sell it to the highest bidder. At 11Onze, not only do we make sure that this doesn’t happen, but the entire technological structure has been designed from the outset to be as secure as this. Customers can rest assured that no private information is leaked.
“I’m really looking forward to growing our super app - El Canut, to see what functionalities we can add to offer customers better and better services. I’m also excited to scale and shape the product and engineering teams to meet the challenge of building great new features for our growing user base,” he added,