Property investment and financing platform Capital Rise has announced four new hires following a “period of substantial growth.”
The positive report follows Capital Rise surpassing £200 million in loan originations during Q4 of 2022. About half of this amount was financed during the 12 month period ending June 2022.
Capital Rise said that Raf Chowdhury joins the firm as Associate Director, Ryan Parrett as Lending Director, Julia Sinclair as Head of Product, and Phillip Whiting as the new Head of Marketing.
According to Capital Rise, Chowdhury will be responsible for maintaining this trajectory of growth, supporting the lending team with his broad experience across all sectors of real estate. He has seven years of experience in financial services and began his career at The NatWest Group, before moving to become the youngest ever Associate Director and Senior Relationship Manger within commercial banking at Coutts.
Parrett’s new role as Lending Director will see him ensure the smooth management of broker and borrower relationships.He previously spent five years at Fiduciam, a pension fund-owned lender to entrepreneurs and enterprises.
Sinclair will lead the execution of the firm’s digital vision and strategy, both for the existing property investment platform and future offerings. Sinclair has worked at several unnamed Fintech start-ups.
Whiting will be working to lead strategy as the Head of Marketing. He joins CapitalRise following three years on the brand and marketing team at specialist later living developer, Guild Living.
CapitalRise said it has also expanded its team with two additional new hires – Tony Humphreys (Credit Manager) and Flora Snape (Marketing Manager).
Uma Rajah, CEO and co-founder, CapitalRise said:
“It is a really exciting time for CapitalRise, as we hit milestones and grow our team. Our new members have made an immediate impact, and we look forward to further capitalising on their valuable experience and skillsets to propel our business to the next level.”
Capital Rise is a prime property finance platform serving the robust market of London. The Fintech accepts just 2% of the applications for funding on its platform. Capital Rise accepts sophisticated investors. The platform reports zero defaults to date.