WM Technology, Inc. announced the appointment of Anthony Bay as the new Chairman of the Company's Board of Directors. Effective immediately, Bay will succeed Chris Beals who was serving as the acting Chairman of the Board during the search to fill the role. Chris Beals will continue his role as a member of the board in addition to Chief Executive Officer of the Company.

Bringing more than 20 years of board leadership experience to WM Technology, Bay is the founder and CEO of Techquity. At Microsoft, Bay was Corporate Vice President and a member of the executive staff with roles that included leadership of the company's e-commerce and digital media technologies. While at Amazon, Bay served as Global Head of Amazon Video, and was responsible for the company's digital video business globally.

In his new role as Chairman of WM Technology, Bay will serve as a partner to Mr. Beals and the management team as they execute on a number of new growth opportunities including expansion into new legal cannabis markets, data monetization and broader brand offerings.