In a major acquisition for financial technology startup Scratchpay (and Silicon Beach), Jin Han, former Chief Lending Counsel of Square and General Counsel of Klarna US, has agreed to join the company as General Counsel and Chief Administrative Officer.
At Square, Han counseled the company on all aspects of its consumer and commercial lending operations, including product development, corporate and commercial transactions, government engagement, bank and payment partner engagement and capital markets. Prior to Square, Han served as General Counsel at Klarna US, where he was instrumental to the establishment of Klarna’s US business and operational infrastructure, as well as development and launch of Klarna’s suite of payment and lending products in the US. Before Klarna, as Principal Payments Counsel at Apple, Han was an early contributor to the Apple Pay project.
At Scratchpay, Han will be managing all legal, regulatory compliance and governance matters, while also advising on product development, marketing, and credit risk management.
“Jin’s deep legal, governance and management expertise, along with his wealth of experience in financial technology, make him the perfect fit to serve as General Counsel,” said John Keatley, Scratchpay’s CEO. “Our recent $15M Series B equity round will allow us to make key hires like Jin that elevates our business,” added Keatley, noting that, “this is also a win for the entire LA tech ecosystem, which is really thriving right now.”
“Scratchpay is committed to addressing the needs of the pets and their owners first, which is a breath of fresh air for the industry,” said Han. “I am excited to be part of the company’s mission and its accomplished management team.”
Han’s knowledge of the regulatory environment will give Scratchpay a leg up as the company continues to bring innovation to the market.