Specialist mortgage lender Lendinvest has hired its first VP of Engineering to help “scale up the technology side of the business.”
Mike Nuttall joins the firm from online printing company Moo.com, where he was VP of Technology. He’s previously been interim VP of Engineering at fantasy sports outfit FanDuel, Chief Technology Officer at doctors’ network Doctors.net.uk and at online pet healthcare store MedicAnimal, and started out with tech roles at Disney, Visa and Ericsson.
The tech team accounts for around 40% of LendInvest’s workforce; Nuttall is now in charge of the team’s direction, goals and efficiency.
Christian Faes, Co-founder and CEO of LendInvest: “We took our time to find the best person to drive our technology strategy. During that search every road led us back to Mike. Since meeting Mike and talking to him about our own tech challenges and goals, it’s been clear that he’s a great fit and a natural tech leader. As LendInvest continues to make a substantial investment in the development of its technology, it is great to have someone of Mike’s calibre leading that part of the business.
“In the time that Mike was at Moo, it grew three times in size; during his time at MedicAnimal, the company acquired five competitors. Mike is hugely experienced in building highly scalable and highly transactional technology to match a company’s pace in a fast-growth phase.”
Mike Nuttall, VP of Engineering of LendInvest: “I’ve always been driven by the idea of taking something traditional and finding a whole new, modern way to make it better. Mortgages are a great example of that. Anyone who has bought – or tried to buy – a property has a bad story to tell about their mortgage application. It’s an experience that is ripe for improvement with technology.
“There aren’t that many financial services businesses that are as innovative or brave as LendInvest. Many have great products to develop, but from a technology perspective, they are often encumbered with old, legacy systems, or don’t have the confidence or knowledge to push the boundaries of what’s gone before. LendInvest is doing something very different and it’s exciting to be a part of it.”