Betting Platform Kalshi Names First CFO Saurabh Tejwani Amid Regulatory Scrutiny
webThis article covers Kalshi's appointment of its first CFO and regulatory scrutiny of prediction markets, which are tangentially related to AI safety only insofar as prediction markets are sometimes discussed as forecasting tools; however, this content is primarily a financial/business news story with minimal direct AI safety relevance.
Metadata
Importance: 5/100news articlenews
Summary
Kalshi, a New York-based prediction market and betting platform valued at $5 billion, has appointed former Uber executive Saurabh Tejwani as its first company-wide CFO. The appointment comes as regulators in New York and other states increase scrutiny of prediction markets. An IPO is being considered but no timeline has been set.
Key Points
- •Kalshi has named Saurabh Tejwani, a former Uber executive, as its first CFO.
- •The company is valued at approximately $5 billion and operates prediction markets covering elections, sports, crypto, and climate.
- •New York regulators are seeking to shut down Kalshi's sports wagering operations in the state.
- •Tejwani indicated an IPO is under consideration but provided no timeline.
Cached Content Preview
HTTP 200Fetched May 18, 202616 KB
Betting platform Kalshi names first CFO amid regulatory scrutiny: Trial Balance | CFO.com
Nov
DEC
Jan
02
2024
2025
2026
success
fail
About this capture
COLLECTED BY
Collection: GDELT Project
TIMESTAMPS
The Wayback Machine - http://web.archive.org/web/20251202142825/https://www.cfo.com/news/betting-platform-kalshi-names-a-cfo-saurabh-tejwani-ryanair-neil-sorahan-trial-balance/804268/
Skip to main content
Don't miss tomorrow's CFO.com industry news
Let CFO.com's free newsletter keep you informed, straight from your inbox.
By signing up to receive our newsletter, you agree to our
Terms of Use and
Privacy Policy. You can unsubscribe at anytime.
Opinion
Library
Events
Press Releases
Topics
Sign up
Search
Sign up
Search
Corporate Finance
Human Capital
People
Regulation & Compliance
Risk
Strategy
Tax
Technology
Series
An article from
Betting platform Kalshi names first CFO amid regulatory scrutiny: Trial Balance
Saurabh Tejwani will step in as Kalshi’s CFO while New York regulators seek to shut down the company’s sports wagering operations in the state.
Published Nov. 3, 2025
Lauren Muskett
Senior Editor
Dan Niepow
Reporter
post
share
post
print
email
license
A Times Square billboard in New York City displaying live odds of the 2024 U.S. presidential election based on Kalshi bets. The firm has appointed its first CFO.
Gabriele Maltinti via Getty Images
Listen to the article
6 min
This audio is auto-generated. Please let us know if you have feedback.
... (truncated, 16 KB total)Resource ID:
650d0eb1fb038bd0 | Stable ID: sid_mZ82ibO0ug