David Brooks has joined Fintech firm Quint Finance Group as US territory director. The new hire is part of the corporate strategy to expand into the US marketplace. Previously known as Quintessential Finance Group, Quint owns and operates four strategically aligned financial technology businesses channels in the consumer credit sector which are all powered by the group’s proprietary technologies. UK-headquartered Quint was founded in 2009 and now operates in four countries around the world and employs over 100 staff. Its brands include Monevo, CreditAngel and MoneyGuru.
Brooks will be based at the Quint’s new Los Angeles office. Brooks previously worked as operations director for Simply Media Network where he helped launch the direct sales and marketing effort in the UK and, post-merger, managed Leadpoint UK, the UK’s top lead exchange marketplace, driving significant growth through new product verticals and marketing channels.
Brooks said it was an exciting time to be joining Quint and leading the US expansion.
“The online personal loan market here is growing fast and our proprietary technology platform Monevo is perfectly positioned to support lenders and online marketers, while ensuring consumers get the best outcome.Over the next few months I expect to see a rapid growth in loan applications through Monevo as we go live with both our own marketing effort and introducing some of our larger affiliates to the supply chain.”
Founded in 2009, Quint uses its in-house technology, called Monevo, across all its aligned financial businesses. Monevo is a B2B global technology platform which connects online lenders with third party affiliates and brokers who generate consumer traffic and applications. Its rules and proprietary data based ‘decisioning’ platform is fully integrated with the lender’s systems allowing them to be matched with customers that have already passed their internal underwriting and decision processes.
“Longer term, we have some exciting plans, already in development, for a major credit comparison site for US consumers under our MoneyGuru.com brand, as well as diversifying the product range utilising our market-leading technology,” said Brooks.
Greg Cox, CEO and co-founder of Quint Finance Group, said the US market provided a perfect opportunity for his company’s growth. Cox believes consumers now identify online lending as a legitimate way to borrow and he sees online lending becoming the norm – not the exception.
“The American market is somewhere we see a lot of growth potential for Quint Group. David has an impressive portfolio of sales, performance marketing and management skills, coupled with experience in building business channels from scratch. This makes him an ideal fit to head up our efforts in the US.”