Spotcap UK has announced the appointment of Julian Rayment, senior credit analyst, and Ben Kaye, new business developer, to its London team.
Julian Rayment joins from Prospa, Australia’s largest SME finance company. He has over 7 years of experience in finance working across multiple countries including Australia, the UK & Germany.
The UK’s new business development team headed by Amy Roberts is also set for expansion, with Ben Kaye having joined on July 24. As part of the team, he will identify and develop relationships with strategic partners. Ben graduated with a first-class honours degree in business and management from the University of Kent and has experience with UBS Fund Services and MUFJ Financial Group.
Commenting on the recent appointments, Niels Turfboer, managing director, Spotcap UK said:
“The additions of Julian and Ben to our team will allow us to continue the high standards of service we have for partners and clients. They are in line with our focus on bringing on skilled professionals to ensure that the experience of applying for a Spotcap line of credit is straightforward and efficient.
The online lender currently has a run rate of lending over £25 million in its first year operating in the UK.
Spotcap provides flexible and accessible small business financing, allowing entrepreneurs to focus on what matters – their business. We developed our credit risk algorithm in-house and lend from our own balance-sheet.
Headquartered in Berlin Germany, Spotcap launched in Spain in September 2014 before expanding to the Netherlands and Australia in 2015, the UK in 2016 and New Zealand in 2017. The company is led by Jens Woloszczak, founder and CEO, and Niels Turfboer, managing director of Benelux and UK.
Spotcap is backed by investors including Rocket Internet, the world’s leading global internet platform outside of the US and China, Finstar Financial Group, Access Industries, Holtzbrinck Ventures and Kreos Capital.
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Originally published July 25 2017 , updated May 29 2018