On Tuesday (February 17th), peer-to-peer lender, Linked Finance, announced it has hired Lloyd Nolan as its new chief operating officer.
According to The Independent, Nolan joins Linked Finance from computer software company Symantec, where he was senior operations director of the customer management center for Europe, the Middle East, and Asia (EMEA).
Nolan will be responsible for risk monitoring and attracting new business to the platform. He will also assist Linked’s chief executive, Peter O’Mahony, who is behind Dublin’s The Laughter Lounge, with investor relations and fundraising.
The media outlet also revealed that Linked plans to lend €20m in the next 12 months and €250m to 5,000 SMEs by 2017. It is currently trying to get the Central Bank to introduce a regulatory scheme to increase public confidence in peer-to-peer lending.
Recently, Linked secured a €50,000 loan for Vit Hits maker Vitz Drinks.