BriteCap Financial, a technology-enabled small business capital platform, appointed Paul Broude as chief financial officer. Broude brings more than 25 years of experience across financial leadership, operational scaling and regulated environments. He most recently served as chief financial officer of Merrimak Capital and previously as chief financial officer, North America at FNZ, a global fintech platform, where he helped scale the North American business through a period of rapid growth, increasing revenue more than tenfold and significantly expanding the team and operational footprint.
Earlier in his career, Broude held senior finance and audit roles at Fidelity Investments, where he supported multi-billion-dollar business units and led financial reporting, controls and regulatory processes. His experience includes working closely with boards, audit committees and regulators, as well as supporting the build-out of custody and broker-dealer infrastructure. His background also includes experience supporting capital markets strategy, regulatory environments and institutional-scale financial operations.
“We’ve spent the eighteen months strengthening the foundation of the business — improving credit performance, increasing discipline and building a more scalable platform,” Richard Henderson, CEO of BriteCap Financial, said. “As we move into our next phase, we are focused on accelerating growth while maintaining that discipline. Paul brings the experience and operating mindset to help us scale responsibly and continue building a high-quality, durable business.”
Broude succeeds Pushkar Choudhuri, who will remain with the company during a transition period.
“BriteCap is entering this next phase from a position of strength,” Choudhuri said. “The business is more disciplined, more focused and better positioned for scalable growth, with a clear foundation in place to support continued expansion. Paul brings the right combination of financial leadership and strategic perspective to help take the company forward.”
Broude said, “I’m excited to join BriteCap at this stage. What stood out to me is the level of alignment across leadership, the discipline that has been built into the business, and the clarity around where the company is going. There is a strong foundation in place, and a meaningful opportunity to scale the platform, expand access to capital for small businesses and continue building a high-quality, differentiated lending business.”
