Wednesday, December 25, 2024

Nick Harding steps down from shopper lender Fluro

Nick Harding (pictured) is stepping down as chief govt of UK shopper lender Fluro.

Harding co-founded the agency with Matthew Powell, which launched in 2014 as a peer-to-peer lending platform referred to as Lending Works.

In July 2020, Lending Works was offered to different funding supervisor Intriva Capital, and in December 2021, the platform introduced that it was inserting its P2P enterprise into run-off with a purpose to deal with the embedded finance market.

In September 2022, Lending Works rebranded as Fluro, with the goal of changing into the UK’s main embedded lender.

“After 10 wonderful years main Fluro on its mission to drive everlasting constructive change within the credit score trade, I’m stepping down as chief govt and hope to announce my subsequent skilled journey shortly,” Harding mentioned in a submit on LinkedIn, first reported on by Fintech Futures.

“Fluro has a lot to be happy with – the true charges motion it pioneered, the impression it has had on the embedded lending market and the popularity as one of many UK’s fastest-growing tech corporations. However I’m maybe most happy with the wonderful workforce I’ve been fortunate sufficient to guide and the tradition we’ve enabled. Thanks to everybody who has been a part of the final 10 years with me – workforce members, board members, companions, supporters – it’s been a pleasure to work with you all.”

In October final 12 months, Fluro introduced a £200m funding line with BNP Paribas.

And final month, it emerged that former RateSetter and Metro Financial institution govt Michael Hoare had been appointed chief danger officer on the agency.


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