MarketInvoice, the P2P invoice finance platform, has announced the appointment of industry guru Giles Andrews as chairman of the board of directors.
Andrews, who will remain as CEO of Zopa – a business he co-founded in 2004 – has more than 25 years’ experience in the sector. He will work directly with MarketInvoice co-founders Anil Stocker and Ilya Kondrashov to support the firm’s growth ambitions and double its lending figures to £2 billion.
Commenting on his recent appointment, Andrews said: “MarketInvoice is transforming the landscape of the business finance industry. I have long been fascinated by their game-changing and innovative attitude. I look forward to working with the team in channelling their drive and ambition.”
Andrews is also chairman of Bethnal Green Ventures, the accelerator for start-ups using technology to make social or environmental impact. He read Experimental Psychology at Oxford University and has an MBA from INSEAD. He received an OBE for services to financial services in the 2016 New Year's Honours list.
Anil Stocker, CEO and co-founder of MarketInvoic, added: “In preparing the business for the next phase of growth, we are delighted to welcome Giles as chairman of the board. His expertise in building businesses and extensive experience of the peer-to-peer lending sector will provide just the perspective and guidance MarketInvoice requires to scale new heights.”
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