Funding Circle Appoints Kanthi Muthiah U.S. Chief Product Officer
26 Julho 2023 - 10:00AM
Business Wire
Funding Circle, a leading online lending platform for small
business borrowers, today announces Kanthi Muthiah has joined the
company as U.S. Chief Product Officer.
Kanthi, a former FICO, PayPal, and JP Morgan executive, will
support overall product strategy and innovation at Funding Circle
U.S. and will report to U.S. Managing Director, Steve Allocca.
Kanthi will play an integral role in advancing the capabilities of
Funding Circle’s current product offerings while continuing to
develop solutions that meet the ever-changing financing needs of
today’s small businesses.
"I am excited to join Funding Circle, especially during a time
where accessing capital is of paramount importance to small and
medium-sized businesses,” Muthiah said. “I’m looking forward to
working with the team to continue developing innovative financing
solutions and to increase Funding Circle’s impact across the U.S.,
expanding access to capital for more small businesses.”
Most recently, Kanthi was Vice President of Technical Product
Management at FICO, a leading analytics software company where he
was responsible for global technical product management of FICO
platforms. He previously served as PayPal's Global Chief Product
Officer, where he advanced lending products and capabilities to
enhance value for PayPal Merchants with a focus on democratizing
financial services and increasing accessibility to working capital
for small and medium-sized businesses.
"We are thrilled Kanthi has joined Funding Circle as U.S. Chief
Product Officer where he brings more than a decade of experience in
commercial lending and credit risk management. Kanthi will play an
instrumental role in helping transform our business and technology
platform to support multiple products and services that meet the
needs of our small business customers.” – Steve Allocca, U.S.
Managing Director
Funding Circle is now operational in all 50 U.S. states and the
District of Columbia. In 2022, the Company launched two Lending as
a Service (LaaS) partnerships with Pitney Bowes and DreamSpring.
The Philadelphia Federal Reserve and Bank for International
Settlements also released a study concluding Funding Circle is
“increasing access to capital at a lower cost for borrowers who are
less likely to receive credit from traditional banks” and
“predicting future loan performance more accurately than the
conventional method to credit scoring, leading to better loan
performance.”
About Funding Circle
Funding Circle (LSE: FCH) is a leading online small business
financing platform for business borrowers. Since 2010, Funding
Circle originated $4.3 billion to 42,000 small businesses in the
U.S. and $20.2 billion to 135,000 small businesses globally.
For institutional investors, Funding Circle provides access to
an alternative asset class in an underserved market and delivers
robust and attractive returns.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230726263747/en/
Ryan Metcalf pr@fundingcircle.com
Funding Circle (LSE:FCH)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Funding Circle (LSE:FCH)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024