Credit, Collections & Insolvency News
AutoProtect Group has announced that it has appointed Mike Edwards as Chief Revenue Officer. Previously Edwards has been responsible for success in strengthening and expanding relationships with distributing retailers. The new role will see Edwards continue these efforts alongside an expanded focus on revenue generation through DigitalPlus, the digital B2B2C channel, which is forecast to…
Read more
HSBC Innovation Banking has provided £30 million in debt financing to fintech Clearscore. Clearscore says that the funding is crucial for Clearscore’s expansion in both domestic and international markets. The capital will also facilitate Clearscore’s acquisition of Arlo Finance, enhancing its secured loan offerings. The financial marketplace now helps over 24 million users improve their…
Read more
It has been announced that a team from fraud prevention service Cifas has won an inaugural Innovation Partnership Innovation Challenge Hackathon. After months of dedicated work, the Cifas team impressed judges with their groundbreaking ‘Events Database’ concept. This strategic initiative aims to collect and analyse fraud-risk data on events such as chargebacks, goods lost in…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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.…
Read more