BM Technologies, Inc. on January 27, 2023, the Company's Board of Directors had appointed Rajinder Singh to serve as a member of the Board. Subsequent to Mr. Singh's appointment to the Board, it was determined to appoint Mr. Singh the Company's Co-Chief Executive Officer, and in connection with that appointment, Mr. Singh resigned his position on the Board and became a Board observer. Mr. Singh's decision to resign from the Board did not involve any disagreement with BM Technologies, Inc., its management, or the Board.

For more than 20 years, Singh worked in senior leadership roles building and managing products and teams in the investment banking practice of Raymond James, including most recently as Vice Chairman of Investment Banking. During his career, Singh managed over 150 investment banking transactions, including M&A transactions, debt and equity financings, balance sheet recapitalizations, restructurings, financial opinions, and valuations. Singh earned an MBA from the University of North Carolina at Chapel Hill and a BS in Accounting from Rutgers University.

Early in his career, he earned the designation of Certified Public Accountant.