News & Insights

Allyson Torsak Joins as Chief Operating Officer

Posted: 15 Jul 2020

APiO Inc. is pleased to announce the addition of Allyson W. Torsak as the company’s chief operating officer.

Mrs. Torsak brings more than 15 years of experience in the financial services industry and has held a variety of positions in credit, risk management, strategic partnership development, banking and operations. Most recently, Allyson was vice president of business development at WebBank, a leading FinTech bank, where she was responsible for developing and growing strategic partnerships, launching new products, coordinating deal structures, scaling operations and ensuring compliance. Allyson engaged regularly with both startups and established FinTech companies to pioneer new product and service oerings in partnership with the bank.

Prior to WebBank, Allyson spent three years in credit risk management and advisory at Goldman Sachs, helping build out the Salt Lake City team for the EMEA credit risk department and was a key part of the ISDA/CSA negotiation team. Prior to Goldman Sachs, Allyson spent four years at Merrill Lynch Bank in a variety of areas including securities-based lending operations, CRA and credit risk review.

Allyson holds a Bachelor of Arts from the University of Utah and a Masters in Business Administration from the Thunderbird School of Global Management.

Allyson’s financial industry, leadership and operational experience will add a significant dimension to our leadership team. With strategic partners being a key component of our distribution and growth strategy, we are excited about the depth and breadth Allyson brings to our team and we look forward to the significant contributions she’ll be making to our company.

Allyson Torsak

About APiO

APiO Inc. is a Salt Lake City-based FinTech company focused on helping SMBs achieve faster access to the financial services they need and simultaneously giving financial services firms the tools and technology to improve how they serve their SMB customers.

APiO’s offerings include: APiO.FINANCE™– valuable finance tools for SMBs that include cash flow analytics, credit scoring and APiO.EarlyPay™, an invoice-based working capital solution and APiO.CREDIT™ – a product suite built on direct integration with leading accounting systems that provides financial services firms with a rapid, secure and cost-effective way to acquire and normalize financial data and evaluate an SMB’s creditworthiness in real-time.