RateSetter veteran Brian Cartwright has left his position as interim managing director at property lender Propetly, and moved to a newly-created role at Bank of Baroda.
Cartwright (pictured) is believed to have left Propetly in May of this year after less than one year in the role.
He has since joined Bank of Baroda as the company’s first UK-based head of business development.
Bank of Baroda is a global financial services company which is owned by the government of India.
Last year, the bank launched a digital lending platform to allow retail borrowers to apply for personal loans. This followed the publication of a report by the bank which highlighted the opportunities in fintech lending and peer-to-peer lending models.
Before heading up the UK launch of Propetly, Cartwright founded alternative property lender Nexa Finance. Prior to that, he spent two years as head of business finance at RateSetter.
“I am delighted to announce that I have been appointed by Bank of Baroda as their first UK head of business development,” said Cartwright in a post on LinkedIn.
“Looking forward to sharing more with my network in the coming weeks about the new proposition.”
Propetly was founded by venture capitalist Sergey Kazachenko. The platform works across Europe to provide tools to analyse, review and secure real estate investment and streamlines the buying and selling of investment property.
Kazachenko told Peer2Peer Finance News that Andrew Smith has taken over as head of UK for all of Propetly’s UK products and operations.
Read more: P2P property: Rolling with the punches