The House Crowd has appointed a new Chief Operating Officer.
The Cheshire-based P2P lending platform for property sector has hired Carl Davies, who has more than 35 years’ experience in the financial industry.
Davies will ‘implement new curation strategies, streamline the underwriting processes and work towards implementing an institutional-grade credit policy’.
Davies said: “It’s a great time to be joining The House Crowd team, bringing my personal experience of the property development market to the table and helping to make property investment more accessible to all.
“With new services being launched, such as the ‘Auto-Invest’ model, and continued development and promotion of products like the ‘Innovative Finance ISA’, which allows tax-free investments up to £20,000 per annum, being part of a company that is championing innovation and customer experience is hugely exciting.
“We’re currently in the scale-up stage and are hoping to secure a greater level of institutional investment to complement our existing retail investor base, so improving and implementing effective processes and systems is vital to guaranteeing growth within the business at this time.”