Cheshire FinTech听Monevo听has appointed Lee Stretton as听chief innovation officer.听
Stretton joins the听personal credit platform and API from听PayPal-backed听Raisin UK,听which as CTO听then MD听he grew from a standing start to a company that brokered over 拢1 billion in savings accounts听within two years.听
Stretton听will be responsible for overseeing product, data and technology for听Monevo听as well as working closely with the听Monevo听territory听directors on overall strategy.听
鈥淚 am very excited to welcome Lee to the company,鈥� said听Monevo听founder and CEO Greg Cox.听
鈥淭his is a great step for听Monevo听as we look to move听forward听and Lee will play a key role in supporting听惭辞苍别惫辞鈥檚听growth and long-term success.鈥�听
Raisin UK was launched in 2017 after the acquisition of PBF Solutions by German-founded Raisin in 2017.听
In July 2019 the parent company received an investment of 鈧�25 million from Goldman Sachs, taking its total investment to 鈧�195m and making it the best-funded tech start-up in the savings and investment area in Europe.听
Stretton听has more than听20 years鈥� experience in tech听and听FinTech, having听held multiple leadership and director roles in other businesses in the financial services sector.听
鈥淚 am thrilled to work with Greg and the team,鈥� he said.听鈥�Monevo听is a very exciting proposition and is an organisation with a deep sector expertise and a strong team.听听
鈥�It’s a very agile business aimed at helping give people access to credit and navigate a market that can sometimes be confusing.听听
鈥�Financial inclusion is becoming ever more critical in these complex and extraordinary times, and I am delighted to be joining听Monevo听through the next phases of their evolution and growth.鈥�听