FingerMotion Inc. (NASDAQ: FNGR) announced the appointment of Chris Polimeni as its new Chief Financial Officer, effective Aug. 17, 2026. Polimeni succeeds Lee Yew Hon, whose resignation was accepted by the board. The announcement comes on the same day the company revealed it had completed the acquisition of a 9.9% interest in Lyken AI Computing Inc., a move that marks FingerMotion's entry into the enterprise AI compute market.
Polimeni brings more than 35 years of financial experience across both public and private companies. His expertise spans 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. FingerMotion stated that Polimeni's focus will include supporting the company's growth plans through its balance sheet, financial reporting, and capital structure.
The appointment follows FingerMotion's strategic investment in Lyken AI Computing Inc., signaling the company's diversification into the rapidly growing field of enterprise artificial intelligence. This move is expected to provide FingerMotion with new revenue streams and technological capabilities, aligning with its long-term vision of building a highly engaged ecosystem of users in China and eventually expanding to other regional markets.
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 of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
The addition of Polimeni as CFO is a key step in FingerMotion's growth strategy, bringing seasoned financial leadership to manage the company's expanding operations and strategic investments. His experience in capital raising and M&A will be instrumental as FingerMotion navigates new opportunities in the AI compute sector and beyond.
Investors and industry observers will be watching how these developments unfold, as FingerMotion leverages its mobile payment expertise and new AI capabilities to drive future growth. The company's proactive steps to strengthen its financial leadership and diversify into high-tech areas underscore its commitment to long-term value creation.
For more information on FingerMotion and its latest news, visit the company's newsroom at https://ibn.fm/FNGR. The full press release is available at https://ibn.fm/IEiUM.
