Percent appoints Prath Reddy as CEO; co-founder Nelson Chu moves to Executive Chairman.

Percent appointed a senior role on June 18, 2026.

Primary

Percent

Date

June 18, 2026

Sub-sector

Capital Markets Tech

Leadership transitions at fintech platforms can signal scaling phase or strategic pivot. For sub-$250M founders, this is useful context on Percent's trajectory but doesn't create immediate actionable signals unless Reddy's appointment correlates with product/market shifts.

Primary company

Percent

Counterparty

Not disclosed

Amount

Not disclosed

Event date

June 18, 2026

Sub-sector

Capital Markets Tech

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com