Momnt, a leading fintech company specializing in real-time lending and payment solutions, announces the appointment of Allyson Torsak as Chief Revenue Officer (CRO). With her extensive experience in senior leadership at prominent fintechs, Allyson brings a wealth of expertise in scaling revenue operations and building high-performance sales teams to the Momnt executive team.
Torsak joins Momnt following a distinguished career in the financial technology sector, where she has consistently driven market expansion for disruptive lending platforms. Most recently, she served as CRO at BMG Money, where she orchestrated a comprehensive transformation of the revenue model, restoring partner operating cadences and increasing per-loan profitability by approximately 20 percent in under one year.
Her background includes significant leadership within the home improvement lending space. At Regions Bank, she served as SVP of Strategy, where she was instrumental in the growth and profitability of the bank’s home improvement division. Previously, Torsak spent nearly eight years at WebBank as VP of Strategic Partnerships, managing lending portfolios across several of the sector’s largest point-of-sale platforms. She began her career in credit risk management at Goldman Sachs.
Also Read: Advantmed Appoints Vijay Prabhakar as Chief Revenue Officer
“Home improvement financing is at an inflection point. Contractors and merchants need capital solutions that move as fast as their businesses do, yet much of the current market remains fragmented,” said Allyson Torsak. “What drew me to Momnt is that the technology is genuinely ahead of the market curve. I am eager to ensure that businesses looking for a competitive edge find the right partner in Momnt.”
In her new role, Torsak will lead Momnt’s sales, marketing, and business development functions, with a primary focus on accelerating the company’s growth in the home improvement financing sector.
“Allyson has achieved something rare in this industry. She has built successful revenue engines at every stage of a company’s growth,” said Tom Anderson, CEO of Momnt. “She understands the merchant side, the institutional side, and the technology that connects them. That unique combination of perspective and proven results in home improvement lending is exactly what this next chapter for Momnt calls for.”
SOURCE: Businesswire
