A Cambridge-headquartered tech company which uses machine learning to help prevent fraud has appointed a new chief financial officer.

Jonathan Crossfield has joined Featurespace from specialist consultancy firm Oakhall, where he conducted market analysis, financial modelling, fundraising and business development for a range of private technology companies.

His previous roles include 12 years in technology equity research at Cazenove and Bank of America Merrill Lynch, where he was a senior sector analyst. While at Cazenove, he was the lead analyst on the IPOs for Wolfson Microelectronics and CSR.

Prior to Oakhall, Crossfield worked in advisory and operational roles with several early stage technology companies in financial technology, social media, and network infrastructure.

"I have known Featurespace for some time and am delighted to see the company’s advanced fraud prevention solutions achieving industry-wide recognition from clients," he said.

"The opportunity to work with such a talented and experienced team at this stage in the company’s growth trajectory is incredibly exciting."

Martina King, chief executive at Featurespace, added: "I am pleased to welcome Jonathan to our leadership team.

"He brings a wealth of industry experience and sector knowledge which will be invaluable to developing the business further as we expand internationally."