The SME-focused direct lending platform is seeing increasing demand and is growing its loan book.
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. .
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.”
Now in its sixth year, the AltFi London Summit returns on 18th March 2019 to 155 Bishopsgate. Last year proved to be a crucial turning point for the key players building the future of finance. Leading platforms launched oversubscribed IPOs, digital banks proliferated and mainstream financial institutions started their own disruptive propositions. With 2019 certain to be another landmark year, more questions will be asked by regulators with investor interest in disruption also poised for more rapid growth.