Spotcap Appoints Simon Keast as MD of Australia and New Zealand

Berlin, Germany – 8:00 am 27 March, 2019 — Fintech business lender Spotcap today announced the appointment of Simon Keast as the Managing Director of Australia and New Zealand.

Spotcap delivers simple and swift loans to its customers so that they can focus on what matters most—their business. Simon will join the multinational team on 1 April 2019, and will be responsible for strategic operations in both Australia and New Zealand.

Simon brings more than 20 years’ financial services experience to Spotcap, having held a number of senior roles across leading banking and insurance companies, including Head of Small Business Designs and Solutions at Macquarie Group, Customer Operations and Improvement Senior Manager at IAG, and most recently independent consultancy work for major financial services companies.

Simon joins a senior leadership team at Spotcap with decades of experience in financial services. Over the past 9 months, Spotcap has continued to strengthen its executive team—including the appointment of Linh Bergen-Peters (Chief Marketing Officer) and Martin Gawlak (Chief People Officer).

Jens Woloszczak, Founder and CEO of Spotcap: “I’m delighted to welcome Simon to Spotcap at this stage of our development. Simon has an in-depth understanding of the local lending market and a clear passion for supporting businesses. We are confident he can continue to establish Spotcap as a trusted, leading player in business lending in Australia and New Zealand.”

Simon Keast, Managing Director of Spotcap Australia and New Zealand: “I’ve worked with small businesses throughout my career and know how driven they are. They see possibilities and work to make them happen. They have a vision, they’re just missing the finance, and often don’t have assets to secure a loan. I’m excited to join a growing company which is empowering them with simple, swift unsecured finance.”

The company increased the size of its loan book by more than 100 percent between 2017 and 2018. During the same time period, Spotcap played an active role in setting industry standards, becoming founding members of industry groups focused on making finance more accessible and transparent in both Australia (AFIA Online Small Business Code of Lending Practice) and the Netherlands (Stichting MKB Financiering).

The fintech currently operates in five markets as a lender to small and medium-sized businesses. Spotcap’s award-winning lending platform provides an unmatched customer experience and is capable of originating, underwriting, fulfilling, collecting and administering finance. Spotcap is now using its platform to help banks, such as BAWAG Group to digitalise lending.

For further information, please visit: www.spotcap.com

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About Spotcap

Spotcap was founded with an in-depth understanding of financial services, an entrepreneurial spirit and a clear objective: to deliver simple and swift loans to customers so that they can focus on what matters most—their business. The online application takes up to 15 minutes to complete and decisions are made within 24 hours. Spotcap’s risk analysis technology assesses the applicant’s business data, allowing its team to make objective and responsible decisions. Empowered by technology and expertise, the company offers an unmatched customer experience. Headquartered in Berlin, Spotcap operates as a lender in the United Kingdom, the Netherlands, Spain, Australia and New Zealand. Leveraging its platform and risk analysis technology, Spotcap helps institutions adapt to the digital needs of their clients. The team of more than 130 employees is led by Founder and CEO, Jens Woloszczak, and the company is backed a number of high-profile investors.

Note to Editors

For further information or to arrange an interview, please contact:
Keeley Reynolds
Global Head of Communications
keeley.reynolds@spotcap.com