RELEASE: Consumer Edge Announces the Appointment of Marcus W. Mosen to its Board of Directors

(Information sent by the signatory company).

RELEASE: Consumer Edge Announces the Appointment of Marcus W. Mosen to its Board of Directors

(Information sent by the signatory company)

NEW YORK, March 1, 2023 /PRNewswire/ -- Consumer Edge, a global consumer-focused data insights and analytics company, announced the appointment of Marcus W. Mosen to the Board of Directors.

"Understanding consumer behavior is a key driver for growth and innovation in the digital economy. Therefore, I am excited to join Consumer Edge, a leading provider of data services, in their next phase of growth and expansion." said Marcus W. Mosen. "It will be an exciting assignment to support the leadership team in building the organization and driving strategic growth in the financial services industry and beyond."

Mosen is a senior executive in the digital payments, digital banking and fintech space. As a former COO, CEO and advisor, he has developed and implemented strategies to improve business propositions and has been involved in all parts of the value chain to drive growth and transformation. Marcus currently serves on boards in the digital banking and payment services industry, and is a senior advisor for consulting firm Roland Berger. Past selected positions include CEO of payment firm Concardis, board member of Master Card Germany and advisor to Qentnis, acquired by Consumer Edge in 2022.

"Marcus' knowledge and experience in the payments and fintech space in European markets supports our strategy and growth trajectory as we continue to expand our coverage and offerings in international markets," said Bill Pecoriello, founder and CEO of Consumer Edge.

Mosen's appointment to the Board of Consumer Edge follows an equity financing announced last month of more than $60 million from funds managed by CoVenture, an asset management firm that invests in the equity stack of tech companies.

About Consumer Edge

Founded in 2009 by CEO Bill Pecoriello, Consumer Edge is a data analytics firm that provides unparalleled insights into global consumer spending behavior coupled with deep industry knowledge and analytics expertise. Our solutions provide key stakeholders in the corporate and investment landscapes with best-in-class tools to enable better strategic decision-making. Our product suite of data feeds, templates, and visualization platforms deliver unmatched consumer spend intelligence by merging numerous privacy-compliant data types across geographies. This unique set of capabilities enables actionable insights powered by our near real-time market intelligence and benchmarking capabilities at the merchant, brand and item level.

About CoVenture

CoVenture is a multidisciplinary alternative asset management firm focused on providing financing solutions across the entire capital pool. We support companies at various stages of their respective life cycles, with the ability to provide the first round of institutional capital to early-stage companies, as well as support more established companies with tailored solutions. CoVenture and its affiliates manage more than $2 billion in investor commitments through multiple credit and equity strategies. For more information visit https://coventure.vc/.

Contact: Mónica GarridoVice President and Director of MarketingPR@consumer-edge.com

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