LaaS fintech Trade Ledger launches development lab in Poland

Lending-as-a-Service fintech Trade Ledger is heading to Poland with its new product and engineering lab.

The first development hub in the EU for the company, the expansion marks a strategic move to strengthen its global footprint and offering for global clients.

According to the company it chose Poland because of its “thriving tech scene” and “abundance of highly skilled” engineering talent.

“Krakow's booming tech scene provides us with access to top engineering talent and enables us to better serve our clients,” Trade Ledger co-founder and CEO Martin McCann said.

“This expansion aligns with our vision of being a global leader and reinforces our commitment to delivering exceptional value to our clients.”

According to Trade Ledger, it has AUM of more than $25bn, and last month saw £3m in investment from Barclays and a three-year technology deal. 

The fintech, which helps banks and alternative lenders make credit decisions, was founded in 2016 and also has offices in the UK and Australia.

“While our lab in Sydney has been an integral part of Trade Ledger for many years, we have been strengthening our lab in Poland over the last 12 months and the change will allow us to capitalise on the wealth of programming experience in Poland,” Trade Ledger VP engineering and security Riccardo Pietri said.