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Oliver White appointed as Funding Circle’s new CFO

FinTech company Funding Circle announced the appointment of Oliver White as Chief Financial Officer following Sean Glithero’s plan to step down from his role and from the Board. Oliver White will join from Vanquis Bank where he is currently the CFO.

“On behalf of all at Funding Circle, I would like to thank Sean for his significant contribution since joining us in 2017. He has been an integral member of the team and someone I have always enjoyed working alongside. We wish him all the best for the future. In Oliver, we have the right successor to help support us in the next phase of our journey. Oliver has a proven track record and deep understanding of growing an international loan provider and I look forward to him joining,” said Samir Desai, CEO and Founder of Funding Circle.

Prior to Vanquis Bank, White spent 15 years working as Chief Financial Officer at Barclaycard, where he managed a global business with combined assets of £40bn, £5bn of revenues and £1.6billion of profits. He has 30 years’ experience working in financial services, payments and lending. He also worked as a credit card specialist at Capital One.

“I’m looking forward to joining the Funding Circle team. SME lending is a substantial market and has been hugely underserved for years. The team at Funding Circle have shown over the last decade there is an alternative and better way to help SMEs access the finance they need to run their businesses.” said Oliver White.

Funding Circle is a peer-to-peer lending marketplace provider that allows the public to lend money directly to small and medium-sized businesses. It reported having lent over £8 billion to 77,000 businesses globally.

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