Trade Ledger says the expansion will boost its international traction and product market fit, allow it to take advantage of open banking, and prepare it for further accelerated global growth.
The establish of a London operation comes after Trade Ledger’s Open Innovation Banking Award from Barclays Bank last month, and its participation in the Australia-UK Chamber of Commerce-sponsored fintech trade mission this week.
Roger Vincent will take up the newly-created role of chief innovation officer to head UK operations, after serving for many years as head of innovation at Equifax UK and pioneering the company’s international Open Banking strategy.
“Roger and Lisa bring an incredible depth of knowledge and experience to our business at a crucial time in our global development, and in the evolution of financial services as a whole,” said Martin McCann, chief executive and co-founder of Trade Ledger.
“Lisa’s extensive and hands-on experience with hundreds of growth-stage company operations makes her a natural fit to manage both our financial direction and our general operations. Roger’s reputation, network, and thought leadership in open banking innovation makes him the natural choice to manage our UK operations.
“These appointments will strongly support the next part of our 'Born Global' strategy – entry into the exciting and fast-moving European market.
“They will also help us take advantage of huge opportunities created by impending regulatory changes that are driving the pace of bank transformation into tech-driven business models, such as General Data Protection Regulation, Open Banking, and the Revised Payment Service Directive."