Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
Mario-Lupori-2018-700x325
August 19 2020

RateSetter’s first chief investments officer departs

Marc Shoffman Industry News, News, Top 3 chief investments officer, Mario Lupori, Metro Bank, Ratesetter

Mario Lupori has left RateSetter after five years with the peer-to-peer lender.

Lupori was named as the platform’s first chief investments officer in November 2018, tasked with improving the product for customers and growing RateSetter’s customer base.

He was previously chief product officer at the platform and had joined as marketing director in 2015.

Lupori (pictured) helped RateSetter’s Innovative Finance ISA grow to more than £200m in subscriptions and had also been involved in developing a new product for financial advisers.

It is unclear if this will still go ahead now that Metro Bank is due to acquire RateSetter.

Lupori’s LinkedIn profile shows he left RateSetter in July, which was before talk of the Metro Bank deal was made public.

His job title is now listed as a board executive.

It is understood that his role at RateSetter has been taken on by another team member.

Lupori has remained supportive of RateSetter, with his latest LinkedIn posts referring to the Metro Bank deal and stating how proud he was of the work of the platform.

“The economic shutdown this year caused customers to fear that their investments would underperform, so they withdrew, removing all liquidity from the platform,” he said.

“It’s sad to see this turn of events. I’m proud of what we did at RateSetter.

“We certainly tried to do good by customers.

“To this day, no customer has lost a penny investing in RateSetter.

“By the same token, I’m delighted that Metro Bank’s acquisition will continue to protect existing customers and safeguard the jobs of many colleagues and friends.”

A spokesperson for RateSetter declined to comment.

Folk2Folk calls for CBILS extension EstateGuru hails busy summer as interest repayments hit €17m

Related Posts

Plant Growing Out Of Coin Jar On Table In Office -  Investing / Business Success Concept

Industry News, News, Top 3

Abundance Investment working on “new opportunities”

Model Houses Hanging By Strings

Industry News, News, Top 3

LendInvest bond value lost £5.8m during pandemic

Sonnenuntergang hinter den modernen Wolkenkratzern der Skyline von London, Großbritannien

Industry News, News, Top 3

Everything we know about the CBILS successor scheme (so far)

Popular posts:

  • FCA lumps P2P lending in with higher risk products again
  • 4th Way gives its views on Zopa and Funding Circle returns
  • UK operations help Funding Circle push for profit in…
  • Investors ready to put more money into P2P lending
  • CrowdProperty unveils board changes and hunt for CFO
  • RateSetter outlines benefits of debt consolidation loans
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by