Michaël Elalouf

Iwoca

Co-Founder and CEO

Michaël joined iwoca as the Chief Financial Officer in January 2015.  Prior to this, he started his career at Barclays Capital, advising European clients on M&A Transactions.  He also worked in the TMT team at Private equity firm HgCapital.  Since joining iwoca, he has successfully helped close two equity funding rounds, which have been instrumental to iwoca’s fast growth.  In the recently closed Series C funding round, the company has raised £21 million equity and secured a £25 million debt facility.  

Event Sessions Featuring Michaël Elalouf


Roundtable (Breakout)

Alternative Credit ‐ Round Table Discussion

London Summit 2018 - 26th March 2018

  • The 22-strong roundtable discussed various aspects of opportunities in the non-bank lending space including the opportunities in SME lending, the maturity of the market and the sustainability of some platforms' business models and the need for greater transparency.
  • Christian Gut, manager of the P2P lending Fund, said investors need to fully understand track records of managers/funds and of how loans are performing. He said it is “really hard to understand” like-for-like comparisons when platform are changing underwriting models.  “Every country and platform is doing things in different ways. The industry should decide a certain level of credit and risk that should exist across the aboard,” he said.
  • Maseco’s Matthews added that niches are well suited to alternative credit but  “you can’t throw a lot of money” at them as this would harm yields.
  • RM’s Nicholl’s said that trust in the sector could be improved by third party audits leading to more capital into the sector.
  • AltFi Data’s Fekete added that lenders are showing more and more interest in having their data assessed and compared on a like-for-like basis. That is a vital part of the maturation of the sector, he said.


Debate

Consumer or business lending ‐ which has seen greater innovation in credit underwriting?

AltFi Europe Summit 2017 - 30th March 2017