Iana Vidal/Innovate Finance
BNPL fintech Clearpay hires former head of policy at Innovate Finance
Iana Vidal left her position at Innovate Finance before starting at buy-now-pay-later fintech Clearpay earlier this month.
Regulation of the BNPL sector has been a hot topic as of late, with the government calling for more stringent restrictions on the unsecured credit market after years of it operating without the same level of regulation as its banking-focussed counterparts.
September 2019 and helped guide the regulatory body to make key decisions on behalf of the fintech sector.
“I’m looking forward to working with Damian Kassabgi Michael S. Madeleine Findlay and the rest of the team as we grow in the UK. And pleased that we’ll be playing a part in the wider UK ecosystem as members of my brilliant former employer Innovate Finance.”
The BNPL fintech, which is already listed on the Australian Stock Exchange, revealed it’s gearing up for a listing stateside in its third-quarter results, attributing rapid growth in the US as the main reason.
Afterpay has been listed on the Australian Stock Exchange since May 2016 and has seen its share price more than quadruple in 2020. The fintech started the year with a share price of around A$30 (£16), and, at the time of writing, its shares are sitting at A$92.73 (£50.79).