LendInvest appoints new VP of Technology as it bolsters its technology team
London, 23 September 2021 – LendInvest, the asset manager for property finance, has announced that it has appointed former ETX Capital Chief Technology Officer, Peter Wallis, as its new VP of Technology to spearhead the business’s technology recruitment drive.
Peter joins LendInvest to oversee the growth of the Product and Technology teams, as the asset manager seeks to increase its headcount in this area by a further 50% following the company’s IPO.
LendInvest uses its proprietary technology and digital solutions to make property finance simple, cutting through the poor customer experience and tedious, manual and paper-based processes that characterise the UK mortgage market.
Following the company’s IPO in July 2021, LendInvest has announced its intention to continue to ramp up investment in its award winning technology, as it eyes bringing digital disruption to the Residential Mortgage market.
Peter most recently joins LendInvest from Sporting Group, a world leading sports betting technology and trading company, where as Chief Technology Officer he oversaw the launch of fixed odds betting for Sporting Index in the UK, implementation of a ‘Cloud first’ strategy, and scaled the team by 125% to over 180 people.
With over 25 years of experience in digital technology and consulting across financial services, retail and government sectors, Peter brings a demonstrable history of digital delivery, technology strategy and operations to the role.
Arman Tahmassebi, Chief Operating Officer at LendInvest, commented: “Accelerating our technology roadmap is a key pillar behind our vision of making property finance simple, and bringing the mortgage market into the 21st century.
I am delighted to welcome Peter to the LendInvest team. Having worked together in a previous life I have first-hand experience of his expertise in delivering on furthering our automation capabilities, complex digital projects and managing large and growing teams, which will be crucial to our growth moving forward.”
LendInvest is the UK’s leading platform for property finance.
LendInvest offers short-term, development and buy-to-let mortgages to intermediaries, landlords and developers. Its proprietary technology and user experience are designed to make it simpler for both borrowers and investors to access property finance.LendInvest has lent over £3bn of short term, development and buy to let mortgages.
Its funders and investors include global institutions such as HSBC, Citigroup and NAB, and, in 2019, it was the first Fintech to securitise a portfolio of BTL mortgages. The company has reported annual profitable growth since 2015 and was named Digital Innovation Award Winner at the Sunday Times Tech Track 100 Awards, and both Specialist Lender and Buy-to-Let Lender of the Year for 2019 at the last NACFB awards.