etika announces new hire to boost business expansion
By Leandra Monteiro
etika, a finance company announced the appointment of Mitch Partoglou, as the company gears up to disrupt the finance industry in Australia with fair business finance and lending products.
After a decade in a series of key digital, innovation and strategy roles at National Australia Bank (NAB), including its NAB Labs incubator, Mitch drove 400% sales growth through digital channels and launched multiple new products to market. More recently, in his role as General Manager of Solutions and Insights at Judo Bank, he was accountable for scaling his team to support Judo’s rapid SME growth whilst leading delivery across data, artificial intelligence, credit risk, process re-engineering and automation.
Based in Melbourne, Mitch will work with etika’s senior leadership to design and deliver new finance products that will address the difficulties small businesses have typically faced when trying to access lending to fund business expansion.
Commenting on his appointment, Mitch Partoglou said, “I’m thrilled to join etika at such an exciting time in its growth journey – the company’s ethical principles and mission to promote financial inclusion were huge draws for me, and their ambition to expand their product line is one that I wholeheartedly support. I can’t wait to start working with etika’s outstanding people to deliver fair, transparent and affordable finance to Australia’s hard-working business owners.”
Mitch’s appointment heralds a pivotal moment in etika’s growth trajectory, as it broadens its product range beyond consumer POS finance. etika’s unique business model of being both a lender and tech platform provider has already seen the company disrupt the consumer finance space, achieving 150% consumer loan origination growth in 2022, with the aim of doubling this figure by 2024.
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