Betfair founder Mark Davies steps down from RateSetter board
MARK Davies has stepped down from the board of RateSetter after more than six years.
Davies, who was part of the founding management team at e-gaming company Betfair, joined the board of the peer-to-peer lender as a non-executive director in November 2011 – just 13 months after the company’s launch.
His appointment was terminated on 21 March 2018, according to a Companies House document filed on Thursday.
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A RateSetter spokesperson told Peer2Peer Finance News that Davies had stepped down to focus on other things.
Davies recently had a heart attack, which he has written about on his personal blog.
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Earlier this week he was announced as the new chair of British Rowing, the sport’s governing body, effective from 1 April 2018.
He has backed more than forty early-stage businesses, including online property investment firm Property Partner and San Francisco-based mobile payments platform Boku.
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