Neyber, a provider of financial employee benefits, today announces the appointment of Paul Martin to the newly created role of Head of Credit Risk.
Paul has over 25 years’ experience in the financial services sector and has held senior credit risk roles in both established and start-up companies. These include American Express, Santander and Zopa. He will join Neyber’s senior management team and bring expertise in credit risk management to the company.
This underlines Neyber’s commitment to the maintenance of integral underwriting and operating systems and its belief that this business model will deliver fairer financial services for employees across the UK.
At Neyber Paul will focus on the credit risk aspects of product creation, platform development and the company’s underwriting process.
Neyber CEO, Martin Ijaha, said: “Neyber will greatly benefit from Paul’s expertise and understanding of the consumer credit sector. Paul brings unparalleled experience in one of the fastest growing segments of Fintech, having already driven a leading P2P provider towards achieving its first billion pounds in lending. He joins Neyber at a key point in its development and will underpin our growth strategy with an expert focus on risk management. Our senior management team will be enhanced by Paul’s arrival and we all look forward to the contribution that he will be bring to the company’s development over the coming months.”
Paul Martin said: “I’m excited to be joining Neyber. I believe that it will irrevocably change the UK’s consumer credit landscape as a result of its revolutionary approach to credit risk management. This is borne out of a business model that focuses on lending to people in work and taking repayments through salary deduction. As a result of this Neyber can deliver loans at lower rates of interest, counter the punitive credit costs faced by families across the UK and boost financial inclusion.”
Neyber was founded by former Goldman Sachs investment bankers Martin ljaha and Monica Kalia along with financial technology expert Ezechi Britton. The founders joined together to deliver a genuine alternative to the solutions offered by financial service providers whose high borrowing rates and low returns on savings have helped to create an unprecedented era of financial stress.
To find out more about Neyber, please visit the website: www.neyber.co.uk