SME financial institution Cashplus has discovered a brand new chief monetary officer with Leigh Bartlett being appointed, AltFi can completely reveal.
Bartlett is a well-known face having beforehand led Masthaven Financial institution, a non-bank lender which acquired its banking licence in 2016, however wound down its enterprise in 2022 after struggling to safe funding.
He served as CEO of Masthaven from 2020, and previous to that was chief monetary officer of Portugal’s Novobanco and likewise held roles at FNZ, Westpac and NatWest.
“This can be a difficult interval for the UK financial system and for a lot of people and small companies, a lot of whom stay underserved by excessive avenue banks,” Wealthy Wagner, CEO and founding father of Cashplus Financial institution mentioned.
“Now greater than ever we have to develop our enterprise to satisfy the rising demand for easy, inclusive banking merchandise and Leigh’s data and expertise will assist us to ship on our bold strategic targets.”
Bartlett may even be a part of the Cashplus board as an government director.
The financial institution has additionally appointed Brennan Elliott-Jones, previously the chief monetary officer of Fiinu and head of finance at Starling Financial institution, into the newly-created position of finance director reporting on to Bartlett.
Cashplus Financial institution earlier this month reported its first £5.5m revenue as a newly-licenced financial institution, having seen its revenues rise by practically a 3rd in 2022.
Wagner informed AltFi on the time to “watch this house” as Cashplus is making ready for a rebrand that may see it shed the title which has served it since being based in 2005.
