Fintech firm reveals new CEO
The Leicestershire-based provider of funding to mid-sized SMEs, ThinCats, has named its new chief executive.
Amany Attia joins the alternative lender from The Northview Group, a UK mortgage lender and servicer with more than £10 billion in balance sheet and serviced assets.
She will replace outgoing CEO John Mould.
ThinCats has achieved year-on-year new lending growth in excess of 100 per cent in the last four years, and will now look to Attia to lead its next phase of growth.
The company is planning to develop an even deeper market presence through the deployment of customer-centric technology and intends to attract further lending capital.
Attia said: “I am delighted to be joining ThinCats at such an exciting time in its development. The business is already firmly established as a leading provider of SME business loans and we have a real opportunity to continue to grow the business to capture more of the market which is underserved by traditional banks.”
Mould said: “I am very proud to have led ThinCats over the last four years and taken it from a small P2P SME lender to a fast-growing national SME lender whose name now is known across the UK. I leave a great team behind me and I wish Amany every success in the future as the company continues to grow.”
Quentin Baer, co-chairman of ThinCats, added: “On behalf of all at ThinCats, we would like to thank John for his enormous contribution to the business. Under his leadership, ThinCats has transformed itself from a start up to an established competitor in the SME secured lending sector with institutional funding and strong origination and proprietary data analytics capabilities. We wish him well for his future endeavours.
“We have a great opportunity to capitalise on ThinCats’ impressive growth to date to create a bigger platform to compete with the mainstream banks, providing a superior service and loan product to UK SMEs.
“We are delighted that Amany, with her experience of scaling businesses and leveraging analytics and technology to improve the customer experience, is joining us to lead this next phase of growth.”
