Luuc Mannaerts takes the reins of Lendix Nederland.
Mannaerts has more than 20 years of experience in the Dutch and European banking sector, having most recently served as CEO of ABN AMRO Commercial Finance, which specialises in SME finance across the Netherlands, the UK, France and Germany.
“Our main challenge when we open a new country is to set up a local team led by an experienced CEO to be as integrated as possible into the national economic fabric,” said Lendix founder Olivier Goy, in a statement. He added that Lendix is ‘honoured’ to have Mannaerts join the team.
Lendix, one of the Europe’s leading fintech lenders, launched in Germany and the Netherlands earlier this year, shortly after clinching another €200m in lending capital from the European Investment Bank, via the European Investment Fund.
It is now active across five European Markets: France, Spain, Italy, Germany and the Netherlands. According to AltFi Data, the business has lent a cumulative total of €187.2m to date.
“I am delighted to have the opportunity to start up Lendix Netherlands and be part of this European venture. Lendix’s mission ‘to create a trustworthy marketplace where all of us transform SME financing’ is close to my heart and I believe the Dutch market can be an important contributor to achieve that goal,” said Mannaerts.
Lendix hopes to have its Dutch and German subsidiaries fully active by the end of 2018.