FUTR Names Alex McDougall CEO to Drive Commercial Scale in Consumer Finance
01/26/2026 - The FUTR Corporation (TSXV: FTRC; OTCQB: FTRCF; FSE: QA20) appointed Alex McDougall as Chief Executive Officer, signaling a shift from platform build to commercialization for its AI-driven consumer finance stack. Former CEO Michael Hilmer moves to Vice Chairman as the company enters its next phase of growth.
Why this move matters for executives
FUTR is placing a single operator in charge of strategy, execution, and stakeholder alignment as it pushes its Agent App and payment rails to market. The focus is clear: scale the consumer-facing product, monetize data responsibly, and move from pilot to production with enterprise partners.
Leadership changes at this stage often define speed and sequencing. Expect tighter prioritization, faster iteration on core use cases, and stronger attention to revenue-backed adoption.
Who is Alex McDougall
McDougall joined FUTR as President in 2025 and led the rollout of the AI Agent App, intelligent payment rails, and tokenized data monetization infrastructure. He brings nearly a decade across digital assets, payments, and data infrastructure.
Prior roles include CEO at Canada Stablecorp (advisor today), co-founder/CIO at Bicameral Ventures, and Managing Director at 3iQ, where he focused on stablecoin yield strategies and new digital asset funds. He serves on the board of Balance Custody and has mentored founders through Techstars.
The strategic signal
- Consumer-first Agent: A personal AI agent that can transact, protect user data, and route rewards to users for data sharing.
- Payments infrastructure: Intelligent rails to support instant, compliant, cross-platform transactions.
- Data monetization: Tokenized mechanisms that turn consumer consent into measurable value and payouts.
- Execution discipline: Shift from feature-building to distribution, scale partnerships, and revenue.
- Stakeholder engagement: Clear operating cadence with investors, regulators, and enterprise partners.
What to watch next
- Adoption metrics: Active users, verified identities, payment volumes, and data-reward payouts.
- Unit economics: CAC by channel, cohort retention, take rate per transaction, and reward structures.
- Enterprise integrations: Banking, fintech, and data-network partnerships that deliver distribution.
- Compliance posture: Clarity on data rights, consent management, AI safety, and payments licensing across key markets.
- Security and trust: Independent audits, custody standards, and incident response transparency.
Leadership perspective
G. Scott Paterson, Chairman: "Alex is a multifaceted executive with deep expertise across AI, digital assets, and investment banking... He has a rare command of how AI and data infrastructure will move from experimentation to real-world scale, making this the right moment for FUTR's next phase of leadership."
Alex McDougall, CEO: "At FUTR, we're finally putting the full technology stack together to put consumer-controlled data, tokenized data monetization, and personalized AI together to create an Agent that can perform complex financial transactions on your behalf, keep your data safe, and reward you for every piece of data you contribute. As FUTR enters into its next phase of growth, our priority shifts to disciplined execution and growth in the consumer-facing agent and the associated FUTR Payments technology."
Execution themes for operators
- Start with one wedge: Automate a high-frequency, high-friction financial task inside the Agent and own that workflow.
- Data consent as product: Make permissions transparent, portable, and rewarding; treat consent UX as a primary feature.
- Closed-loop value: Tie user rewards directly to payment activity and partner outcomes to keep incentives aligned.
- Partner-first scale: Land strategic integrations (issuers, processors, data networks) to compress distribution costs.
- Proof over promise: Publish outcome metrics (time saved, fees reduced, rewards earned) to build market trust.
Risks and constraints
As noted in the company's forward-looking statements, outcomes depend on execution, adoption, competitive dynamics, and regulatory approvals. The path to scale will test compliance readiness, fraud controls, and the durability of the consumer rewards model.
Company snapshot
The FUTR Agent App uses AI and intelligent document processing to help consumers manage personal information, perform instant payments, and earn from data they choose to share. The company is listed on the TSX Venture Exchange (FTRC), OTCQB (FTRCF), and FSE (QA20).
Governance updates
- Alex McDougall appointed Chief Executive Officer.
- Michael Hilmer appointed Vice Chairman and remains on the Board.
- G. Scott Paterson appointed Chairman (joined the Board on January 19, 2026).
Source and contacts
Source release: Newsfile
- Company: Jason Ewart, EVP - 416-580-0721
- Investor Relations: ir@thefutrcorp.com
- Media/IR (KCSA): futr@kcsa.com | (212) 896-1254
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