"As LendInvest continues to make a substantial investment in the development of its technology, it is great to have someone of Mike’s calibre leading that part of the business."
Mike Nuttall joins LendInvest with over 15 years’ senior management experience and has led technology development for companies in sectors such as e-commerce, payments and gaming.
At LendInvest, Mike will be responsible for managing the direction, goals and efficiency of the technology team which now represents over 40% of LendInvest’s workforce.
Christian Faes, Co-founder and CEO of LendInvest, said: “Since meeting Mike and talking to him about our own tech challenges and goals, it’s been clear that he’s a great fit and a natural tech leader. As LendInvest continues to make a substantial investment in the development of its technology, it is great to have someone of Mike’s calibre leading that part of the business.
“Mike is hugely experienced in building highly scalable and highly transactional technology to match a company’s pace in a fast-growth phase.”
Mike Nuttall added: “I’ve always been driven by the idea of taking something traditional and finding a whole new, modern way to make it better. Mortgages are a great example of that. Anyone who has bought - or tried to buy - a property has a bad story to tell about their mortgage application. It’s an experience that is ripe for improvement with technology.
“There aren’t that many financial services businesses that are as innovative or brave as LendInvest. Many have great products to develop, but from a technology perspective, they are often encumbered with old, legacy systems, or don’t have the confidence or knowledge to push the boundaries of what’s gone before. LendInvest is doing something very different and it’s exciting to be a part of it.”
