Ratio introduces Carlos Chou as Commercial Director
Industry veteran spearheads fintech leader’s global growth
SAN MATEO, Calif., November 10, 2022 /PRNewswire/ — Ratio, a new breed of fintech platform that combines financing, predictive pricing, payments, and a frictionless payment quote process into a unified platform for SaaS and technology companies, introduces Carlos Chou as commercial director. A seasoned business leader, Carlos has a proven track record of creating shareholder value, sustainable growth and ensuring high levels of customer satisfaction.
Prior to 2005, Carlos served as President of Asia Pacific at Siebel Systems, where he led teams across the region, achieving consecutive years of revenue, market share and profit growth. Coming during a period of broader contraction in the enterprise applications space, Carlos’ leadership helped pave the way for Siebel’s success. $5.85 billion acquired by Oracle in 2005.
Carlos then served as senior vice president of SAP for seven years, leading a number of business units in North America and Asia Pacific, before joining Hewlett Packard (HP) as vice president of the company’s Enterprise Solutions organization. During his tenure at HP, Carlos led APAC enterprise services and sales. Carlos also served as General Manager and Vice President of Workday and C3.ai in Asia.
“Carlos brings an incredible breadth and depth of executive leadership experience in SaaS, enterprise software and technology sales to our team.,” said Ashish Srimal, Founder and CEO of Ratio. “He is a true leader who has worked in both startup and enterprise spaces to deliver transformational results. We are already seeing clients leverage his experience to transform their go-to-market operations using Ratio’s integrated financing and quote-to-cash solution. We are delighted to welcome him to the team as we expand our operations this year.“
The introduction of Carlos follows Ratio’s emergence from stealth earlier this year, after the company’s shutdown of $11 million in the financing of new businesses and its securing of a $400 million credit facility for customer financing.
“Ratio ushers in a new era of SaaS. Ashish’s vision for Ratio to transform the way SaaS and technology is licensed, sold, and financed, by integrating finance into every technology transaction, immediately resonated with me. In my experience, every SaaS and technology company can leverage Ratio’s Boost and Trade to fund growth and transform their go-to-market moves. Along with fast and nearly frictionless funding, the flexibility of a solution that extends up to 100% of a company’s recurring revenue is a powerful weapon in any CEO and CFO’s toolbox. A strategic lever to smooth the non-linear trajectory of any hyper-growth company,Carlos said.I am honored to join the team and look forward to working to help all of our clients create new value and realize their full potential.“
About the report
Led by a team of serial tech entrepreneurs, SaaS and finance veterans, Ratio is a new breed of buy-it-now, pay-later (BNPL) provider and funding platform for recurring revenue businesses. on three continents. Founded in 2021, Ratio brings a new flavor of BNPL services that combines finance, predictive pricing, analytics and payments, enabling B2B SaaS companies and other recurring revenue businesses to increase sales while accessing immediately to the value of their contracts.
Ratio enables businesses to leverage their recurring revenue to unlock new financing without diluting equity or giving up control of their business. With access to a $400 million credit facility, Ratio is rewriting the rules of the global subscription economy and recurring revenue business. For more information, please visit: https://www.ratiotech.com/.
SOURCE Ratio Tech