“I’m incredibly proud to congratulate my friend and AFC co-founder Armen Meyer on his appointment as Senior Deputy Commissioner at the California Department of Financial Protection and Innovation (DFPI).

“Armen helped build the American Fintech Council from the ground up, working tirelessly with colleagues and consumer advocates to advance policies that focus on consumer well-being and the power of responsible innovation to expand opportunity. His leadership helped shape the values that guide AFC today: transparency, inclusion, and a firm belief that pro-consumer policy and a vibrant financial marketplace go hand-in-hand.

“Armen’s career reflects his unwavering commitment to public service and to building a fairer, more accountable financial system—from his work during the financial crisis in New York to his role in making LendingClub the first U.S. fintech lender to acquire a national bank. California is lucky to have him back in government.

“We look forward to continuing our work together in this new chapter, and to partnering with Armen and DFPI to advance strong, clear, and collaborative regulation that puts consumers and responsible innovation on the same side.”

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