Spotcap UK poaches senior underwriter from RateSetter

By Daniel Lanyon on 12th July 2018

P2P/Marketplace Lending

The SME-focused direct lending platform is seeing increasing demand and is growing its loan book.

Spotcap UK poaches senior underwriter from RateSetter

Direct lending platform Spotcap has appointed Andrew Caulfield (pictured) as its new senior underwriter.

The new hire brings Spotcap team to more than 130 employees globally. Caulfield has six years of experience in risk management including most recently with P2P lending platform RateSetter in the UK and AIB (Allied Irish Banks) before this. .

At Spotcap, he will be responsible for assessing the credentials of companies looking for an unsecured business loan using Spotcap’s in-house developed machine learning technology.

Niels Turfboer, managing director at Spotcap, said: “Andrew’s appointment highlights our emphasis on a swift yet high-quality loan process for both our partners and clients. His strong background will positively contribute to Spotcap’s reputation with the UK business community  as an efficient lender with an experienced team.”

Comments

Eamonn McMahon

12 Jul 2018 06:54pm

Great hire by Spotcap, one of the few real 'value-add' fintech platforms in SME lending.

AltFi Amsterdam Summit 2018

AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.

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Companies in this Article:

RateSetter
Spotcap

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