Know your Xinjas: Verity Froud

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Verity Froud aka #goldenxinja is inclined to hide her light under a bushel. Verity is an actuary by trade with two decades of experience working in financial services. Her abilities in financial management, people and data make her perfect for her role as treasurer.

 

"Fun,  fast and feisty"

Tell us what you do?

I’m the Treasurer here at Xinja…(and I love data).

As Treasurer I get to manage how Xinja will fund itself and how it will invest our customers money for great sustainable returns. I’m also overseeing our development of the customer offering from a financial aspect, to ensure that Xinja profits when our customers profit.

What is your Xinja origin story?

It all began when a friend of mine introduced me to Eric when he had the crazy idea of starting a bank. The idea that we could independently build something from the ground up was something that really excited me.

The timing was perfect, I was ready for a challenge and the possibility of creating a completely new bank was on the money.

What does a typical day look like for you, who do you work with and how does the team run?

Everyday begins with a conversation, there’s about 10 of us huddled together in one room, we talk about what we’re going to do, then get on with it.

What are you most proud of working with Xinja?

Getting seed funding was a massive milestone for us. Having others not only believe in what we’re doing here but actually invest.

What have you learned in your time working at Xinja?

Although I had been working in financial services for decades I never really understood until Xinja how people really had such different approaches to their money. The other lesson learned is how well 10 quite large people fit inside a not so large office space.

What are you most looking forward to in the coming months?

Getting the app into the hands into our customers and seeing how they actually are using our product.

I also look forward to developing products to change how customers manage their money. I hope we can really improve our customers finances.

What future technology excites you the most?

Digital currencies, How they’re being used, how they are going to change people's habits, approaches to money and how they are going to disrupt financial markets.

Very excited to become an AI led business. AI helps generate insights that can complement behavioural science. After all money is just a tool for behaviour.

Why do you love data?

You can learn so much about people and trends and with all the data we have floating around, it’s just a giant puzzle waiting to be solved.

Without good data (and the follow on analytics), all prediction about the future are just best guesses.

If you weren’t at Xinja, what would you be doing?

Probably a boring job.

List 3 words to describe Xinja?

Fun, fast, feisty.

What is your Spirit Animal?

Dolphin (Also #sportyxinja’s spirit animal...guess we have a pod of dolphins) - love the water, love to surf, and the fact it is a social animal.

Weekend hobby:

Looking after the kids, reading, swimming and frolicking in the sea :-).  

Unexpected fact:

Probably the only treasurer of a (soon to be) bank that rides a bike to work (rain, hail or shine). I’m so much faster than the cars!

Check out other members of the xinja team here.