ThinCats appoints Dan Hartley as CFO

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Various finance supplier ThinCats has appointed Lowell Group chief funding officer Dan Hartley as its incoming chief monetary officer.

Hartley has greater than a decade of expertise in senior monetary roles. Previous to becoming a member of the Lowell Group, he labored for FTSE-listed Arrow World Group, a European credit score administration service supplier the place he was group treasurer.

His expertise covers monetary management, price range administration, treasury, tax, investor relations and reporting, and threat and funding administration.

In September ThinCats secured a £696m funding line from Citi and Barclays, supported by the British Enterprise Financial institution’s Allow Assure programme.

Hartley will be part of with a crossover interval with present chief monetary officer Rajeev Raichura, who mentioned he was leaving to spend extra time along with his younger household and pursue his personal enterprise enterprise. Raichura will keep on till the top of the 12 months to assist the transition.

Learn extra: SME funding disaster: 40pc of SMEs report cashflow issues

“I’d additionally wish to thank our departing CFO, Rajeev Raichura, for his large contribution to ThinCats and want him all the perfect for the long run,” ThinCats chief govt Amany Attia mentioned.

Hartley added: “Various lenders proceed to develop their share of the funding market and ThinCats has made nice progress over the previous few years with formidable plans for future development. I’m excited to be enjoying an element in delivering extra funding to UK entrepreneurs.”

Learn extra: ThinCats blames macro points for enterprise funding disaster



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