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Peer2Peer Finance News | September 26, 2017

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Growth Street announces two senior hires

Growth Street announces two senior hires
Suzie Neuwirth

GROWTH Street has unveiled two new senior appointments that it hopes will aid the peer-to-peer lender’s expansion plans this year.  

The platform, which was purely a business-to-business lender until it received regulatory permission to accept retail investors last December, has hired April Nardulli (pictured) as general counsel and Chris Weller as commercial director.

Nardulli’s industry experience, most recently at RateSetter, should accelerate Growth Street’s ability to expand its product offering to its customers, the company said.

“Growth Street have done a fantastic job of developing a clear focused set of products and putting in place a solid foundation for the business to build on,” said Nardulli. “I am delighted to be joining such an enthusiastic, dedicated and passionate team at this exciting time of growth and expansion.”

Weller has previously held similar commercial roles in various high-growth companies, including Aldermore Bank and most recently at Geniac, a start-up providing online business management services to small businesses.

“Having spent a large part of my career supporting growth businesses, I am delighted to be joining such a strong team at such an exciting time in Growth Street’s development,” said Weller. “We are focused on extending the availability of products to a wider audience of British businesses and I’m very excited about the plans we have across Growth Street to help us with this goal.”

Growth Street has been overhauling its management team recently, replacing James Sherwin-Smith as chief executive with the company’s original founder Greg Carter earlier this month.

The platform has channelled more than £54m to business borrowers since its launch in November.

Read more: Brexit? Pah! P2P lenders on hiring drive