OANDA Welcomes Fintech Veterans to its Board of Directors



SAN FRANCISCO – January 7, 2015 

OANDA,a global provider of innovative foreign exchange trading services, is pleased to announce the addition of two financial-technology industry veterans to its Board of Directors, adding more than 50 years of collective global experience to OANDA’s Advisory team.

Joining the Board are Steve Freiberg and Tyler Sloat. Freiberg brings decades of experience from the financial technology (fintech) industry, including his tenure at Citigroup where he served as Co-Chairman and CEO of the company’s Global Consumer Group, its Global Cards Group and its North American Investment Products Division. He was most recently the CEO of Etrade Financial Corporation, and is currently an advisor to the Boston Consulting Group, Verisk Analytics, and [24]7. Freiberg also serves on the Boards of Regional Management Corp., MasterCard, and serves on the Board of Trustees for both the March of Dimes and Hofstra University.

Sloat has more than 15 years’ experience in executive roles for Silicon Valley-based payment, software, and hardware technology companies varying in size from start-ups to Fortune 500 firms. Today, he is the Chief Financial Officer at Zuora where he led the efforts to raise more than $100M of equity capital, and helped steer the company to achieve over 10X growth during his tenure.

“For me, one of the many draws to OANDA was it’s sheer volume of incredible talent and expertise across the entire organization, and the company’s Board of Directors is no exception: Steve and Tyler are welcome additions that serve to build on our world-class leadership and market expertise,” said President and CEO, Ed Eger, OANDA Corporation. “As we steer into 2015, I know the combined vision, expertise and understanding of OANDA’s portfolio from Steve and Tyler will be a tremendous asset and I’m bullish about our continued success.”

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About OANDA

OANDA Corporation has transformed the business of foreign exchange through an innovative approach to forex trading. The company’s industry leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. The company’s many awards attest to the power and flexibility of its trading platform. In 2013, OANDA was honored with nearly a dozen awards, including Best Trade Execution Provider, Best Retail Trading Platform and Best Mobile Trading Platform by International Finance Magazine; as well as Best Value for Money by Investment Trends in each the U.S., UK, and Asia Pacific markets.

OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Exchange Rates® data provides benchmark rates for corporations, auditing firms, and global banks.

OANDA has seven offices worldwide, in Toronto, Chicago, New York, Boston, London, Singapore and Tokyo. OANDA is regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), and the Japanese Financial Services Agency (FSA).

Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.