Pipe has a new CEO from Block, months after founding team announces departure

Pipe, an alternative financing platform that was last privately valued by investors at $2 billion, has announced its new chief executive, an appointment that comes months after the company’s three co-founders stepped down from their posts in a stunning, unusual shake-up.

The new chief executive, Luke Voiles, is joining Pipe after working as the general manager of Square Banking at Block, formerly Square. He was also the CEO and president of QuickBooks Capital.

Voiles’ role will begin on Feb. 20. He is also joining the board of directors, replacing Pipe former co-CEO Harry Hurst’s role as vice chairman. Albert Periu, Zilch USA CEO is also joining the board for reasons unknown. Voiles, through a spokesperson, declined to be interviewed regarding the transition and instead pointed TechCrunch to a press release as a statement on the news.

What we do know is that Voiles has experience working in the lo...

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