US fintech Bankjoy appoints Michael Carroll as its new CTO

Digital banking provider Bankjoy has hired Michael Carroll as its new chief technology officer (CTO).

Michael Carroll, CTO, Bankjoy. Image source: LinkedIn

In his new role, Carroll will oversee the development of technology as well as drive the company’s strategy to deliver a “seamless” end-to-end digital service ecosystem.

Carroll previously served as both VP of engineering and VP of strategic projects at Teladoc Health, managing operations for an engineering department of over 1000 employees and developing products and strategic partnerships.

With over a decade of technology experience, he was also previously part of the founding team at RubiconMD, where he served served as VP of engineering, growing the team and leading the company through its Series B round.

“As more banks and credit unions accelerate their journey to true digital transformation, they are often faced with challenges stemming from outdated legacy systems and numerous plugins,” says Carroll.

“Bankjoy eliminates these tech headaches. We streamline and fast track integrations, allowing institutions to focus on serving their customers and members rather than spending time ensuring their digital platforms work.”

Michael Duncan, CEO of Bankjoy, says Carroll’s addition to the company will be “instrumental” in scaling the business and supporting Bankjoy’s digital service ecosystem.

Founded in 2015 and based in Detroit, Bankjoy is a Y Combinator-backed fintech that provides digital channels solutions to US banks and credit unions, including mobile, online, e-statements, online account opening, online loan application, and conversational AI.

In March, Bankjoy hired André Jones as vice president of operations.