Credit, Collections & Insolvency News
Boshhh Group has announced that it has partnered with Yapily to launch a fintech solution with an aim to end irresponsible BNPL lending amid the upcoming FCA affordability clampdown. The new FCA regulations tackling the lack of comprehensive affordability checks in BNPL lending come into effect in 2026 with lenders currently failing the financially vulnerable…
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Spring Finance has announced that it has completed the acquisition of Masthaven Finance. The acquisition will mean that the combined entity will trade as Masthaven Finance. Andrew Bloom Founder, majority shareholder and Chief Executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he sold his controlling stake and stepped down as Chief…
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Property development finance company CrowdProperty has announced it has appointed Steve Deutsch as its new Chief Executive Officer (CEO), subject to FCA approval. Deutsch succeeds Mike Bristow, co-founder and CEO since 2018, who will be stepping down to take a sabbatical. Deutsch brings a wealth of senior-level experience, having operated at Board level within financial…
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Financial wellbeing app, SuperFi has announced a new partnership with The Digital DRA. As part of the initiative, customers who pay their bills on time can earn cashback rewards and access a range of money-saving tools to generate savings of up to £1,488 annually. The company’s say that the partnership reflects a shared commitment to…
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Afin Bank has announced it has appointed Rebecca Lewis as Head of Operations. Lewis has huge experience in financial services operations, particularly in the building society sector where she has had roles with Dudley Building Society, Skipton Building Society and most recently as Head of Customer Service at Tipton and Coseley Building Society. Afin Bank has…
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Mortgage lender, LiveMore has announced that it has appointed two new Key Account Managers for the North and Midlands and has also appointed a new Mortgage Underwriter. Claire Aston joins as Key Account Manager – Midlands, Aaron Farrell also join as Key Account Manager – North, with Leah Chiakl joining as a Mortgage Underwriter in…
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James Sleight and Stratford Hamilton of PKF Littlejohn Advisory have been appointed as Joint Administrators of London Community Credit Union (LCCU) LCCU whose membership covers residents and employees who live, work or study in the London boroughs of Hackney, Haringey, Islington, Newham, Tower Hamlets, Waltham Forest or the City of London. LCCU’s Regulatory bodies have…
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Salad Money has announced that it has appointed Sarah Hope as a Non-Executive Director. Hope has an asset finance background and is a former Director in the Global Credit Trading group at Deutsche Bank. A Columbia University (New York) graduate, she has worked in asset finance and securitisation on both sides of the Atlantic, including…
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Jaywing has announced the appointment of three senior industry experts to expand its capabilities and accelerate growth across key markets. The appointments include Didier Magloire as Head of Asia and Australasia Growth, Jeremy Bryson as Head of Data Management, and David Northen as Risk Transformation Lead. Didier Magloire joins in January 2025 to spearhead growth…
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Business process servicing specialist Target Group has announced that has strengthened its senior team with the appointment of Scott Hill as Chief Information Officer (CIO). Hill brings more than 25 years of experience in the IT industry, implementing global strategies, business change initiatives and multi-million pound digital transformation projects for both national and international brands.…
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Patricia Hamzahee OBE, an advisor, investor, philanthropist and specialist in access to funding for diverse businesses and social enterprises, has joined the board of Responsible Finance. Hamzahee was awarded an OBE in the recent New Year Honours list for services to philanthropy, to the arts and to impact investment. After a long career in banking…
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TransUnion has announced that it has signed a definitive agreement to acquire Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalised credit offers to consumers via comparison websites and other third parties. TransUnion currently owns 30% of the equity of Monevo after acquiring a minority stake in 2021 and…
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Mike Morgan has been appointed as the new Chief Executive Officer (CEO) for Close Brothers. Morgan succeeds Adrian Sainsbury, who stepped down after four months of medical leave. Mike Biggs, Chairman, said “The board would like to sincerely thank Adrian for his material contribution during his 11 years with the Group, the last four of…
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