Biza.io, a leader in Consumer Data Rights (CDR) compliance solutions, has announced the appointment of industry veteran Joe D'Addio to its board, as the company plans for significant expansion in Sydney. Over the past two years, Biza.io has seen rapid growth, increasing its workforce from four to 27, with ambitious plans for 100% year-on-year growth over the next half-decade.
D'Addio's appointment comes amid a period of heightened focus on CDR, with the Australian government pledging $88.8 million to support the scheme across several industries, including banking, lending, and energy. Biza.io is at the forefront of this sector, offering cloud-based software services that enable data-sharing access for over 18 million Australian consumers on behalf of banks and energy retailers.
“Biza.io is pioneering consumer data sharing... What has impressed me most is their incredible growth trajectory, a testament to the team's deep expertise and dedication... I'm looking forward to working with the Biza.io team during an exciting time of growth and innovation for the company and sector more broadly”, says D'Addio upon his appointment.
Stuart Low, founder and CEO of Biza.io, welcomed D'Addio's addition to the board, saying, “We're thrilled to have a tech industry veteran like Joe joins the Biza.io board... Joe's expertise and guidance are going to be critical as we enter our next phase of growth.”
These expansion plans and leadership additions follow Biza.io's successful Series A funding round in August 2022, which raised $7.5 million. The company has already assisted 10% of all banks and 67% of energy retailers active in the consumer data scheme, enabling data-sharing access for more than 18 million consumers with its innovative technology.