View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Trade Ledger Opens EU Headquarters in London

From Down Under to the UK, Trade Ledger opens its European HQ doors in London.

By Umar Hassan

Corporate open banking lending platform Trade Ledger has announced it will be opening its EU headquarters in London in a show of confidence in the UK’s continued access to European markets.

The Australian startup, founded in 2016 in Sydney, uses its digital business lending operation to support cash flow lending products.

The news comes after Trade Ledger won the Open Innovation Challenge from Barclays Bank last month, whilst recently participating in the Australia-UK Chamber of Commerce-sponsored fintech trade mission.

Martin McCann, CEO and Co-Founder of Trade Ledger highlighted two new appointments as part of the startup’s “Born Global” strategy to enter the European market. He said Equifax veteran Roger Vincent will step into the newly-created Chief Innovation Officer role to head up UK operations, while Lisa Callaghan will move from the role of accountant to Chief Financial Officer at Trade Ledger’s Sydney office.

Google Cloud GDPRMcCann said: “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 (PSD2).

“It’s a perfect storm of opportunities for a corporate banking credit platform like us.”

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Vincent mentioned the retail banking sector’s significant disruption through technological and regulatory advancements.

He added: “We’ve seen significant disruption in the retail banking sector through a number of significant regulatory and technological advancements, but have only yet scratched the surface of what’s possible.

“SME’s are the lifeblood of domestic and international GDP, so applying my skills to help these businesses survive and grow is going to be incredibly rewarding. Doing it with a team as talented as Trade Ledger is going to be very special indeed.”

Computer Business Review has contacted Trade Ledger for further comment on their apparent confidence in the UK as a springboard to European growth.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.