Credit, Collections & Insolvency News
AI-native collections platform Snorkl has appointed Daniel Harrington as Commercial Director, as the business continues to grow its presence across the FCA-regulated consumer finance sector. Harrington joins from Salary Finance, the Blenheim Chalcot and Legal & General-backed lender, where he most recently led the build-out of the company’s aggregator and price comparison channel, growing it…
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PayPoint has announced it has completed the acquisition of AperiData, strengthening its capabilities in Open Banking for customers. AperiData is a real-time credit reference agency and Open Banking platform, focused on modernising the consumer credit market through the use of transaction-level data and advanced financial assessment tools. Since first partnering in 2023, PayPoint and AperiData…
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Quint Group, the award-winning fintech group focused on credit & payments, has announced the appointment of long-term fintech leader Laurence Krieger as Director. Formerly CEO of Tide and COO at Revolut, Krieger will now formally join Quint Group to work in close partnership with founder and CEO Greg Cox and the rest of the board…
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Chetwood Bank has announced the launch of its Wholesale Banking division with the appointment of Alex Grove as Managing Director of Wholesale Banking, Toby Sharp FRICS as Director of Commercial Real Estate and Nirvan Sunderam as Managing Director of Wholesale Risk. Through the Wholesale Banking division, Chetwood Bank provides tailored funding solutions to corporate, institutional…
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Income and employment specialist, Teal has announced a partnership with global accountancy, HR, payroll, and education software specialist IRIS Software Group. The integration brings IRIS into Teal’s growing Direct Connections network, delivering enterprise- grade, real-time background verification of income and employment for millions of UK employees. The partnership marks a significant validation of Teal’s platform, with IRIS…
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Digital bank, Monzo and Fair4All Finance, a not-for-profit focused on improving financial inclusion, have announced a new partnership to widen access to affordable credit, as 16 million adults face barriers to borrowing. This figure has increased around 30% since 2018. In 2024, Monzo expanded its flagship Flex credit card, introducing Flex Build, designed for people…
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Administrators have been appointed to lending platform Amplifi Capital. Amplifi, via the Reevo Money brand, offered unsecured personal loans. Amplifi also supported Credit Unions through the provision of customer loan origination and servicing activities. This was performed through the My Community Finance brand, which operated as an authorised credit broker. Customers were also introduced to…
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Just Mortgages, together with Spicerhaart, the UK’s largest independent estate agency and property service group, has announced the appointment of Olivia Moss as its first ever Marketing and Communications Director. The newly created role marks a strategic step forward in the group’s continued journey of growth, innovation and digital transformation across financial services, estate agency…
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Afin Bank has announced that Rob Lankey has been promoted to Chief Commercial Officer. Lankey initially joined Afin as Director of Credit during its launch phase last year. He then took on the role of National Sales Director at the start of this year, taking on responsibility for the sales team as it expanded with…
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Afin Bank has announced that it has appointed Beth Jeffs as Head of Product and Proposition. Jeffs joins from the Nottingham Building Society, where she was Senior Mortgage Propositions Manager. She has previously held roles at providers including HSBC, Coventry Building Society and Sainsbury’s Bank in product and credit risk areas. She will oversee the…
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Dudley Building Society has announced the appointment of Helen Smith as Chief Growth Officer, as part of its ongoing focus on growing the Society, strengthening customer outcomes, supporting its communities, and developing its people. Smith joined the Society in April and brings extensive board-level experience across financial services, insurance, healthcare and funeral care. She has…
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Oakbrook has become the first UK lender to launch a dedicated GPT-powered app within ChatGPT, enabling consumers to explore combining multiple debts into a single structured repayment plan through a conversational interface. Available under OakbrookOne, the app allows users to model what replacing several existing debts with one monthly repayment could look like, without needing to…
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The Association of British Credit Unions (ABCUL) has announced it has rebranded to become All Together Money. All Together Money says that the change in name reflects a renewed commitment to bringing credit unions together, strengthening their collective voice and helping them grow in a fast-changing world. Built on cooperation, not competition, All Together Money…
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