Plinqit Appoints Julio Sarmiento as Chief Technology Officer

by | May 1, 2023 | Articles, Business, News, Press, Uncategorized

Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has promoted Julio Sarmiento to Chief Technology Officer.

As CTO, Sarmiento will define and oversee Plinqit’s product, engineering, and technology strategy as the company scales to serve a rapidly expanding client base of banks and credit unions. A key member of Plinqit’s leadership team, he will ensure the company’s product roadmap continues to address the evolving needs of financial institutions, and aligns with Plinqit’s broader business goals and mission. With more than 25 years of IT experience, Sarmiento is an expert in business analysis, software development, database management and more.

Since joining Plinqit, Julio has made a meaningful impact for our organization, our financial institution clients and their account holders, thanks to his technical expertise.

Before being named CTO, Sarmiento served as Plinqit’s Director of Engineering, where he managed the company’s engineering and software development team. Prior to joining Plinqit, he served in multiple leadership positions, including engineering roles for various supply chain logistics companies and consulting firms. Most recently, he served as Senior Manager of Application Development at World Fuel Services.

“Since joining Plinqit, Julio has made a meaningful impact for our organization, our financial institution clients and their account holders, thanks to his technical expertise,” said Kathleen Craig, founder and CEO of Plinqit. “Designing products that exceed consumer expectations for a modern, intuitive digital experience while also making smart money management fun and rewarding is no easy feat, so we are proud to have Julio on our leadership team. We look forward to seeing all that he accomplishes in his new role as CTO.”

“I joined Plinqit with a passion for supporting the business and operational goals of a company whose values I truly believe in,” said Julio Sarmiento, CTO of Plinqit. “With my background in DevOps, cloud architecture, IT design and integrations, along with leadership and client management experience, I am honored to grow my role at Plinqit and further the company’s vision of helping financial institutions help their customers to create a positive financial future.”

About Plinqit

Plinqit is a mobile-first platform and fintech company helping banks and credit unions generate low-cost deposits, attract new customers, and expand their retail footprint while helping people live their best financial life. The Plinqit platform is the first savings platform of its kind to bring together automated savings, data-driven financial wellness content, and virtual account management. At Plinqit, we’re helping everyone Money Intelligently™. For more information, visit info.plinqit.com.

Contact
Grace Galyean
For Plinqit
grace@yorkpublicrelations.com

Most Recent Posts

This Underutilized Product Could Fuel Your Growth Strategy

What if the key to scaling your financial institution's deposits, reaching new customer segments, and strengthening your brand isn't about the shiny-and-new or the “tired”-but-true, but revisiting one of the most overlooked yet successful retail products? Savings...

Defending Deposits Through Transparent Rate Communication

There’s healthy skepticism, and there’s just plain skepticism. The jadedness that comes from feeling taken advantage of, dismissed, or mistreated. It used to be a quality highly correlated with Gen Xers, but it seems more and more that consumers are skeptical of most...

The Generational Shift in Business Banking

Why Inherited Business Owners Won’t Stay Loyal to Their Parents’ Bank Imagine you’re the only child of a family business with a provenance in your community, and the plan all along has been for you to inherit and take on the legacy. You’re looking forward to running...

Plinqit CMO Elected to AFT Board of Directors

Plinqit Chief Marketing Officer Kirsten Longnecker was elected by a vote of her Association for Financial Technology peers to the association's Board of Directors at the recent Fall 2025 Summit. Longnecker will serve a three-year board term with the organization,...

Actionable Takeaways from AFT Fall Summit

Magic was in the air at Association for Financial Technology (AFT)'s Fall Summit in Banff, Alberta, Canada, last week. In addition to the setting, the speakers were magnificent, bringing use-this-now acumen to their presentations and panel sessions. Here are 6...

High Earners, Low Savers?

What Gen X and Boomers Are Getting Wrong About Saving If we were competing in pub trivia on the question “Which generations drive the most deposit growth for banks and credit unions?” I would bet most fintechs would say “Gen Z and Millennials,” and most bankers would...

The Great Wealth Transfer & the Business Banking Shakeup

When $84 trillion changes generational hands, many of whom are small business owners, will your financial institution be ready to help? $84.4 trillion of generational wealth is not a hypothetical. It’s the forecasted amount of wealth moving from Boomers to Millennials...

From Gig Workers to Green Savers – How a Digital Bank Brand Can Win New Customers

Gig workers, creators, new Americans, eco-conscious savers – whatever you want to call the fractional and contractual – these aren’t just audiences. They’re opportunities. Banks are under constant pressure to grow deposits, expand market share, and attract new...

How to Defend (and Grow) Key Deposits When Repricing Hits

Part 5 of our “Top 5 reasons financial institutions contact Plinqit” series: Replace repriced deposits with predictable digital muscle. Read Part 1, Part 2, Part 3, and Part 4.For banks and credit unions, few moments are as pivotal or as stressful as when a large...

Banking Brand Market Penetration with a Digital Deposit Engine That Delivers

Part 4 of our “Top 5 reasons financial institutions contact Plinqit” series: Rolling out a digital brand to support market expansion. Read Part 1, Part 2, and Part 3.Regional and community banks and credit unions are revisiting market expansion, whether that’s next...