LendInvest has outlined plans to increase its workforce.
The alternative property lender has hired Peter Wallis as its new vice president of technology to lead the drive and said it wants to increase its headcount by a further 50 per cent.
Wallis joins LendInvest from Sporting Group, where he was chief technology officer.
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He brings more than 25 years of experience in digital technology and consulting across financial services, retail and government sectors,
“Accelerating our technology roadmap is a key pillar behind our vision of making property finance simple, and bringing the mortgage market into the 21st century,” said Arman Tahmassebi, chief operating officer at LendInvest, who worked with Wallis at ETX Capital.
“I am delighted to welcome Peter to the LendInvest team.
“Having worked together in a previous life I have first-hand experience of his expertise in delivering on furthering our automation capabilities, complex digital projects and managing large and growing teams, which will be crucial to our growth moving forward.”
LendInvest started trading on London’s Aim market on 14 July 2021.
In August, the lender inked a £150m agreement with Barclays and HSBC to provide short-term finance to property entrepreneurs around the UK.