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Peer2Peer Finance News | September 18, 2019

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Kuflink expands bridging team with new hire

Kuflink expands bridging team with new hire
Kathryn Gaw

ASSET-BACKED peer-to-peer platform Kuflink has expanded its short-term finance division, Kuflink Bridging, with a new hire.

Hiran Patel has been appointed as an underwriter on the bridging team, where he will support lending growth across the platform.

Patel has more than ten years’ experience in the finance industry and previously worked as an underwriter at Equifinance.

“Following the launch of our quick bridge product at the tail end of 2018, we’ve seen a huge spike in uptake from new brokers as well as familiar faces” said Narinder Khattoare, chief executive of Kuflink.

“Hiran joining the team will help us to meet this growing demand, maintain our high standards and continue improving upon our already award-winning bridging service.”

Khattoare added that the new hire will help to support its team as it embarks on its busiest year to date.

Kuflink has been growing at a rapid pace over the past few months. Last summer, the platform passed its £20m lending milestone, and in October it announced that its investments were being funded in record time thanks to new products such as Kuflink Bridging’s five-day loan.

The Kent-based company has also opened its second bricks-and-mortar office recently, located at the Silicon Roundabout in London.

Read more: Kuflink boosts IFISA and auto-invest rates