Credit, Collections & Insolvency News
Monzo has announced that it has appointed Tom Oldham, a former executive at Nubank, as its new Chief Financial Officer (CFO). The appointment has suggests potential IPO ambitions for the digital bank. Oldham, who will join the bank in the New Year, he replaces James Davies, recently hired by Ovo Energy. Monzo, which has rapidly…
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Mortgage broker, Just Mortgages has announced the appointment of Ray Rodrigo as Divisional Sales Director. Rodrigo has be tasked with growing his team of employed mortgage advisers, supporting Felicity J. Lord estate agency branches across London. He has more than 25 years of experience in the mortgage market and financial services to support them in…
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Nottingham Building Society has announced that it will phase-in its use of LendingMetrics’ award-winning Auto Decision Platform (ADP) over the coming weeks. The platform – a universally-integrated SaaS solution that handles real-time execution of credit reference, AML and affordability calls to data providers – will allow the society to instantly inform introducers of decision outcomes,…
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Afin Bank has announced that it has appointed David Kenmir as an independent Non-Executive Director. Kenmir was previously COO of the Financial Services Authority and a Risk and Regulatory Partner at PwC. he is an independent Non-Executive Director (INED), bringing over 30 years of financial services experience and expertise to its Board. Kenmir spent more…
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Tandem Bank has announced that it has appointed Matt Dobson as its new Chief Financial Officer (CFO), subject to regulatory approval. Dobson has played a key role in shaping the bank’s financial strategy, including leading its first Tandem Second Charge Mortgage securitisation. Currently Tandem’s Treasury Director, Dobson has 25 years of experience in Finance and…
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The Finance & Leasing Association (FLA) has announced that it has appointed Richard Hoggart, Founder and CEO of DSG Finance Group, to the FLA board. Hoggart has been at DSG Group since the 1990s and steered the organisation from its original sole focus as a broker to launch Unity Auto Finance as a lender. Stephen Haddrill,…
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Aryza Group, a provider of financial software solutions, has announced the expansion of its partnership with GoCardless, a global bank payment company. . Since becoming a technology partner in 2022, GoCardless has played a vital role in Aryza’s payment solutions. Through this enhanced partnership, both companies are committed to collaboration, leveraging their synergies to deliver…
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Buy-to-let lender Landbay appointed Anna Macdonald as an independent non-executive director to its board. With over 20 years’ experience in institutional and wealth management, Macdonaldis currently an investment manager at Aubrey Capital Management. She previously worked as a fund manager at Amati Global Investors and Henderson Global Investors. Macdonald is also a well-respected and regular…
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Black & White Bridging has appointed Susan Ansermoz as its new Lending Manager, to support the company’s expansion. With a seasoned background in banking and underwriting, Ansermoz joins the company at an exciting time of expansion, ready to play an integral role in furthering Black & White Bridging’s mission to provide truly transparent lending services.…
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Blend has announced it has hired Graeme Walker as Lending Director. Walker, who has over 30 years of experience in the industry, worked as head of lending within the development finance team at Hampshire Trust Bank before joining Blend. Prior to that, he held roles at Barclays Wealth Management and Heritable Bank. Blend’s Managing Director David…
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Credit management firm, Pepper Advantage has announced that its owner Pepper Global has entered into an agreement to sell the business to private investment firm J.C. Flowers & Co subject to regulatory approvals and customary closing conditions. The transaction is expected to be completed in the first quarter of 2025, pending regulatory approvals and other…
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Barclays has announced thatit hassuccessfully completed its £600m acquisition of Tesco Bank following high court approval. The acquired business includes credit cards, unsecured personal loans, deposits and the operating infrastructure which, following completion of the acquisition, will continue to be operated under the ownership and management of Barclays UK. The new partnership will see Barclays…
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Sainsbury’s has announced that it has sold its Argos Financial Services (Home Retail Group Card Service) cards portfolio to NewDay Group for £720 million, aligning with its strategy to concentrate on core retail operations. The supermarket has announced that it has also partnered with NewDay to launch a new Argos-branded digital credit offer. This move…
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