AKUVO Appoints Steve Castagna President

Longtime executive elevated to President as AKUVO continues to advance collections and recovery technology for financial institutions

Malvern, Pa. – (October 19, 2026)—AKUVO, a modern collections and recovery technology company serving banks, credit unions, and fintechs, today announced the appointment of Steve Castagna as President. Jay Mossman will continue to lead the company as Founder and Chief Executive Officer.      

A member of the AKUVO team since the company’s inception, Castagna brings 26 years of fintech experience and a deep understanding of the business, its customers and the industry to his role as President. He most recently served as AKUVO’s Chief Growth Officer.

“Steve and I have worked together for many years, and I have seen firsthand the depth of his knowledge, his vision, and his commitment to this industry,” said Jay Mossman, Founder and CEO of AKUVO. “He has a deep understanding of the challenges financial institutions face and a clear vision for how technology can help them strengthen their collections and recovery operations. He has also been unwavering in his commitment to our customers and partners, building relationships grounded in trust and a genuine desire to help them succeed. Steve has helped shape AKUVO from the beginning, and I have tremendous confidence in the experience, perspective, and leadership he brings to the role of President.”

As AKUVO continues to expand and serve a growing community of financial institutions, the company is strengthening its leadership for its next phase of growth. The board views Castagna’s appointment as an important step in supporting that growth while maintaining the customer focus and industry expertise that have shaped AKUVO since its founding.

“The board has tremendous confidence in Steve Castagna and in the leadership he and Jay Mossman bring to AKUVO,” said Rachel Arnold, Chair of AKUVO’s board and Senior Managing Director and Co-Head of the Endeavor Fund at Vista Equity Partners. “Steve has played an important role in building AKUVO and positioning the company for the opportunities ahead. His appointment as President recognizes those contributions and reflects the board’s confidence in the direction of the business.”

“Steve has helped turn AKUVO’s vision into a growing business with strong relationships across the financial services community,” said Charles Chung, current board member and past Chair of AKUVO’s board. “He has brought energy, judgment and a deep understanding of the industry to AKUVO from the beginning. This is a well-earned appointment and an exciting moment for the company.”

As President, Castagna will work alongside Mossman and AKUVO’s leadership team to build on the company’s growth and continued investment in intelligent collections and recovery technology. During Castagna’s tenure as a senior leader, AKUVO has expanded its customer base and introduced significant advances across its technology, including Virtual Collector, AKUVO iQ, and broader AI and predictive intelligence capabilities designed to help financial institutions make more informed decisions and engage account holders more effectively.

“I’m incredibly grateful to Jay, the board and our entire team for the confidence they have placed in me,” said Castagna. “I believe deeply in AKUVO, the people we have assembled and the business we are building together. Our customers are asking important questions about the future of collections and recovery, and I’m confident in our ability to help them navigate what’s ahead with better technology, deeper intelligence and a relentless focus on their success. I’m honored to serve as President and excited about what comes next.”

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