Peer-to-peer lending veteran Michael Hoare has been appointed chief threat officer at fintech lender Fluro.
He may also function a director on the Fluro board.
Hoare has spent greater than eight years within the fintech lending house. He was chief credit score officer at RateSetter till the P2P platform was acquired by Metro Financial institution in 2021. He moved with the corporate, and have become chief credit score officer of client finance at Metro Financial institution, earlier than leaving on the finish of 2022.
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He then returned to the fintech lending house, changing into chief threat officer at Kriya, the choice lender previously referred to as MarketFinance.
In keeping with LinkedIn, Hoare left Kriya final 12 months and joined Fluro in December 2023 as its chief threat officer.
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Fluro is a client lending platform which was as soon as referred to as the P2P lending market Lending Works. It rebranded in September 2022 with the purpose of changing into the UK’s main embedded finance lender.
Quickly after its rebrand, Fluro introduced that it had acquired a £200m funding line from BNP Paribas.
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