We are excited to announce that the Lola team is joining Capital One!
Capital One is the ideal place to continue the journey we started at Lola. Our talent and passion for B2B payments will join an existing team at Capital One focused on delivering innovative digital solutions to businesses.
Since Capital One's founding over 25 years ago, they have been at the forefront of technology innovation, most recently demonstrated by being the first large financial services company to go all-in on the public cloud. They also serve millions of existing business customers, and their culture offers a unique blend of an innovative mindset with the financial backing and recognition of a Fortune 100 company. Lola's culture, values and commitment to customer-centric innovation will be a great fit at Capital One.
"The Lola team's customer-centric focus and their ability to rapidly build software at the speed required by an evolving market, combined with Capital One's customer, brand, and technology scale, make us well-positioned to transform the business payments industry," said Konrad Schwarz, EVP, Capital One Commercial Bank.
We are also excited to join the growing team of technologists at Capital One's new location in Kendall Square, which provides us with the flexibility to significantly ramp up our hiring and further deepen our ties to the Boston tech community. We're looking forward to driving more fintech innovation in the Boston ecosystem. You all know that both of us love the Boston tech community deeply, and we will continue to invest in it as we join Capital One in our new roles.
If you were a customer, employee or vendor of Lola and have questions please call The Kallander Group at 978-562-0767
Mike and Paul and the Lola Team