Plend has made a raft of new appointments, covering compliance, risk, credit scoring, oversight and marketing ahead of its planned launch into the peer-to-peer lending sector later this year.
The P2P consumer lending platform, which plans to use open banking and a modern credit checking processes to connect individuals seeking funding with investors seeking a return, has hired Ash Woolf as head of data analytics to shake up the credit scoring process. He has joined from IWG where he was a data scientist for a year and a half.
Sarah Davies has joined Plend as head of compliance. She brings experience in compliance from various roles at George Banco, a guarantor lender and everyday loan provider, and most recently as senior compliance officer at guarantor lender Buddy Loans.
Plend has also made appointments within the marketing appointment, including Nomusa Okorie, who previously worked at non-profit company Maokwo where she was a part-time producer. Nathan Spiteri has been promoted from marketing and partnerships manager to head of marketing.
Earlier this year, Plend appointed Crowdcube co-founder and chief marketing officer Luke Lang as chairman and hired RateSetter’s former risk officer, Kevin Allen to lead the open banking powered credit checking process.
“What a fantastic couple of months it’s been here at Plend since closing our first venture round,” Robert Pasco (pictured), co-founder and chief executive, said in a LinkedIn post.
“Plend is personal – we care passionately about creating a fairer financial future and this mission has enabled us to build an amazing team of experienced and impact-minded individuals.
“We are also grateful to be working with a number of amazing organisations who are supporting our mission – Plend was recently accepted into the “Build Phase” of the Nationwide Incubator and I was highlighted as a “Rising Star” in the #P2PPower50 – watch this space for further updates on how we are building a better way to borrow.”
In September, Plend raised £700,000 in a pre-seed equity funding round from venture capital firms in preparation for its launch.