FingerMotion Inc. (NASDAQ: FNGR) has announced the appointment of Chris Polimeni as its new Chief Financial Officer, effective August 17, 2026. The move comes as the company expands into the enterprise AI compute market, following its acquisition of a 9.9% interest in Lyken AI Computing Inc.
Polimeni succeeds Lee Yew Hon, whose resignation was accepted by the board. With over 35 years of financial experience across public and private companies, Polimeni brings expertise in mergers and acquisitions, debt and equity capital raising, SEC reporting, financial planning, treasury management, and taxation. Most recently, he served as CFO of Avax One Technology Ltd. and since 2020 has been president and CEO of Polimeni & Associates Inc.
According to FingerMotion, Polimeni's focus will include supporting the company's growth plans through its balance sheet, financial reporting, and capital structure. The appointment is effective immediately, aligning with the company's strategic initiatives.
The news follows an earlier announcement that FingerMotion completed the acquisition of a 9.9% interest in Lyken AI Computing Inc., marking its entry into the enterprise AI compute market. This investment is part of the company's broader strategy to diversify its offerings beyond its core mobile payment and recharge platform solutions in China.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As its user base continues to grow, the company is developing additional value-added technologies to market to its users. The vision is to rapidly grow the user base and create an ecosystem of highly engaged users, which would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and expand its model to other regional markets.
The appointment of a seasoned CFO like Polimeni is seen as a key step in supporting FingerMotion's expansion plans. His experience in capital raising and financial management will be crucial as the company ventures into new technological domains.
For more information on FingerMotion, visit the company's newsroom at https://ibn.fm/FNGR. The full press release can be viewed at https://ibn.fm/IEiUM.
This strategic move signals FingerMotion's commitment to growth and its ambition to leverage AI compute technologies, potentially impacting its competitive position in the tech industry.
