Swoop, the finance platform for small- and medium-sized enterprises, has appointed George Htin-Kyaw as chief technology officer.
Htin-Kyaw (pictured) will be responsible for Swoop’s technology strategy and creating the right technical team for the funding aggregator, which launched two years ago.
He has more than 25 years of experience in major financial and technology businesses as well as start-ups.
Htin-Kyaw joins Swoop from Faculty, a UK-based technology company, where he was head of engineering. Prior to this he spent almost 12 years with Credit Suisse in a variety of senior engineering roles in London and Singapore, including developing cloud machine learning and projects for emerging markets and risk technology.
Read more: ThinCats’ Damon Walford joins Swoop
“Today, user experience can be the difference between success and failure for any business,” said Htin-Kyaw.
“By applying the right technologies, such as artificial intelligence, machine learning, big data, and advanced analytics, we can better understand user needs and deliver the services that our customers want.
“For Swoop, it means not only finding the right finance for our customers but also identifying a wide range of other financial benefits such as how to make savings and become a more efficient business. In other words, financial intelligence and healthcare.”
“We’re already making big advances in financial awareness and access for businesses of all types, and we’re determined to build a Swoop community that’s founded on the best technology and financial insights,” said Andrea Reynolds, chief executive at Swoop.
“I’m delighted to welcome George to Swoop and am sure that his vast international experience and creative leadership will help to attract the right talent and strengthen and diversify our offering.”
Swoop provides SMEs with access to a diverse range of funding options across debt, equity and grants. It also identifies ways for businesses to improve their balance sheets by making savings on foreign exchange, utilities, broadband, and mobile phones.
Working with business owners and financial advisers, Swoop draws on a huge range of data points to help businesses raise finance and save money.