Lending Club hires PayPal’s head of credit to lead it into new sectors

Lending Club is hiring Steve Allocca PayPal’s global head of credit as its president as the lender continues to move away from the scandal that overturned its fortunes last year.

Sameer Chishty joins SparkLabs FinTech as venture partner

SparkLabs Global has hired Sameer Chishty as a venture partner for its recently launched FinTech accelerator.

Online lending group grabs Wall Street lobbyist

Online lenders are growing their presence in Washington with the hire of lobbyist Nat Hoopes to lead the Marketplace Lenders Association.

Idinvest brings in former Balderton principal Debock

European SME investor Idinvest Partners has brought in former Balderton Capital and XAnge Private Equity venture capitalist Nicolas Debock as an investment director.

Blockchain startup Libra hires former Siemens chief risk officer

Blockchain and smart contracts company Libra has hired Siemens’ former chief risk officer (CRO) Dr Gerard Brennan as its director of audit technology.

Banker’s Toolbox bolsters compliance offering with new COO

Banker’s Toolbox, which helps organisations manage risk and streamline compliance, has expanded its team with the hire of Max Thoene.

Allianz hires new CEO for InsurTech unit

German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.

Andreessen Horowitz launches $300m crypto fund, alongside new general partner hire

Andreessen Horowitz has launched a new $300m venture fund that will invest into crypto companies and protocols.

Financial Technology Partners hire former Goldman Sach VP Melissa Wasser

Financial Technology Partners has hired former Goldman Sachs vice president Melissa Wasser.

Cloudvirga adds Jim Protner to its team as CPO

Mortgage POS platform developer Cloudvirga has named Jim Portner as its new chief product officer.

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