Company Name: Credi
Announcement Date: 27/09/2017
Announcement Category: Product launch/update
Announcement Content:
Credi to go live in New Zealand on 23 October 2017
$35 million loans & almost 2,000 accounts since launch
Lara Dowdall appointed as Chief Operations Officer, Asia & Pacific
Andrew Chick, former CEO of The Royal Bank of Scotland, Australia & New Zealand, appointed to Advisory Board
Credi Pty Ltd (“Credi”), the disruptive Australian FinTech, is pleased to announce that following the exponential platform growth in loans and accounts created since the Company’s launch in April 2017, Credi has begun its international rollout with the key appointments to the Management and Advisory Boards and Credi confirmed to be in New Zealand confirmed to be officially launched on 23 October 2017.
Business Update
Since the platform’s launch in April 2017, Credi has seen almost 2,000 accounts created by Australian’s and documented $35 million loans. This is an increase of approximately $5 million loans and 700 users in just one month since August 2017.
New Zealand Launch
Credi soft-launched in New Zealand in September with the official go-live date set for 23 October 2017.
This launch into the New Zealand market marks Credi’s first step in its planned global rollout, with the UK slated for November 2017, and the US pilot set for early in 2018.
The official launch date in New Zealand will coincide with the launch of Credi’s television campaigns in both Australia and New Zealand – together with co-ordinated social media exposure and public relations coverage.
Chief Operating Officer, Asia & Pacific Appointment
Credi is pleased to announce the appointment of Lara Dowdall to Chief Operations Officer Asia & Pacific, with the appointment to being on Thursday, 12 October 2017.
Lara commenced her career in Banking in 2009 with Bankwest and then moved to Corporate and Commercial roles with Westpac/St George. As Commercial Business Development Manager in NSW, Lara returned to WA to join Bendigo Bank. Lara is experienced in leading teams in operational change and business improvement initiatives, resulting in streamlined system optimisation and change management.
Lara brings a track record of leadership, management and vision, to effectively grow a sustainable organisation. Her steadfast pursuit of excellence will be used to develop corporate and industry partnerships in Australia and internationally.
Having experienced first-hand the friction between finance and family, Lara is looking forward to offering a genuine alternative with Credi.
Advisory Board Appointment
Credi is pleased to announce that Andrew Chick has joined Credi’s Advisory Board.
Previously a lawyer with Ashurst, Andrew led The Royal Bank of Scotland’s Australia and New Zealand business as CEO. He has also served on the NatWest Markets Advisory Board and is currently a Councillor at the Australian British Chamber of Commerce and Chairman of the British Australian FinTech Forum.
Andrew will support the board and leadership group with his insights and work with international Fintechs and across the banking and finance community.
About Credi
Credi Pty Ltd is a financial technology business, not a marketplace lender. Credi’s mission is to change the way people lend money. Credi wants to empower people to help each other and take control of their financial relationships without creating friction or stress.
Learn more at https://credi.com
Announcement URL: https://credi.com/2017/09/26/international-rollout-first-nz/
About Credi:
We want to save relationships from the strain of financial dealings by turning informal agreements into credible, manageable and formal ones. We believe that by taking the duty of reminders, calendaring and contracting on behalf of the lender and borrower we are removing the most fraught aspects of relationship loans.
Credi gives you the platform and the tools for loans between family and friends. Simply use the app to generate a legally binding document and add your e-signature. Once agreed, you can manage repayments to stay on top of your loan. A simple and easy way to loan money from your loved ones!
Go to Company Profile for: Credi
Announcement Contact: [email protected]
