Shift
Praveenesh Pala is an accomplished finance professional with extensive experience in senior financial roles across various organizations. Currently serving as Chief Financial Officer at Shift since November 2024, Pala previously held the same title at Tyro Payments from October 2014 to November 2024, where significant achievements included raising $100 million in equity and obtaining an Authorised Deposit-taking Institution licence. Prior roles also include Financial Controller at ING DIRECT Australia, Fund Manager at Mirvac, and Financial Controller and Company Secretary at Domaine Property Funds Limited. Pala's early career included positions as Group Accountant at QBE Insurance Group and Senior Accountant at PricewaterhouseCoopers in Fiji. Educational credentials include a Bachelor of Commerce from UNSW, CPA from CPA Australia, GAICD from the Australian Institute of Company Directors, and current participation in the MBA program at The University of Sydney Business School, along with being a Chartered Financial Analyst.
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Shift
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Shift is on-demand financing for businesses. Shift offers credit and payment platforms that facilitate business trade, payments, and fund access through streaming data. The real-time view of a company's financial situation offered by Shift is made possible by streaming data. It also allows for improved credit modeling and dynamic limitsetting. This frees up a company's time by allowing them to access financing whenever they need it, eliminating the need for drawn-out approval procedures and time-consuming administration.