The lender has appointed Arman Tahmassebi, formerly of IG Group, as its new chief operating officer.
Tahmassebi joins LendInvest from ETX Capital, a retail trading technology platform where he spent three years serving firstly as COO, then as the company’s CEO.
Arman previously spent 15 years at IG Group where he started out as a graduate before moving on to hold several senior management roles overseeing the technology, business development and operations departments, ultimately serving as the listed firm’s global head of operations.
Over this period the business grew from a small UK-only operation to over 1,400 staff located in 17 countries around the globe.
At LendInvest, Arman will be responsible for overseeing the business’s operational strategy and technology.
Christian Faes, Co-Founder & CEO of LendInvest, said: "We have known Arman for a number of years, and have been keen to get him involved in our business. He is joining the company at an exciting time as we continue to build out a significant technology platform, which will drive efficiencies across the business through automating our processes. Arman’s experience with growing and operating a best-in-class technology business like IG Group is invaluable for LendInvest.”