David Swanson

ArchOver appoints new head of lending




ArchOver has announced the appointments of David Swanson (pictured above) as head of lending and Tom Malley (below) as head of finance.

David – who has 30 years of experience in portfolio management and securities – will help ArchOver to develop products and propositions to grow the patient capital operating over the platform.

“As an ArchOver lender in my previous role, I was impressed by the spirit of excellence and fairness in the team, and I’m excited to become a part of that,” said David. 

“I see a company that’s built a solid business model through a deep understanding of both the lender and borrower perspectives.

“Now it’s time to scale up engagement with both and put the ArchOver name front of mind among leading funds and family offices – we’ve got the people and the service to make it happen.”

Tom has over a decade of experience in finance and will help ArchOver’s senior leadership plan a course for profitability as the new head of finance.

ArchOver has facilitated £70m in loans to date, and Tom hopes to help the platform reach its target.

“As P2P platforms grow, they have to expand two objectives in tandem: growth in the lender base, and growth in the borrower base,” said Tom.

“ArchOver has a great track record of balancing those two streams by treating borrowers as individuals and providing a high level of lender security.  

“I am building on that advantage as we push for £100m in total lending. 

“ArchOver provides a quality service, and I’m looking forward to helping the business sustainably scale up by matching growth in borrowers and lenders.”

Sign up to our newsletter to receive more news like this story

I accept that by joining the B&C mailing list, I will receive relevant news and promotional material via B&C on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment