Nava, a next generation consumer lending platform, is continuing its rapid expansion by launching a new office in Milton Keynes.

The company, with headquarters in central London, hopes to capitalise on the town’s burgeoning reputation as a leading technology centre in the UK.

Nava will initially recruit five IT developers from a range of levels to help support the growth of its platform. The company secured authorisation from the Financial Conduct Authority earlier this year and will begin offering unsecured personal loans to UK borrowers in Q2 2017.

Chief Technology Officer, Andrew Jones, has more than thirty years’ experience in global financial IT services. Andrew will lead the team of developers in the ongoing development and testing of Nava’s platform. The new team employs high-demand skills including Java SE / EE 7, JBoss WildFly Application Server and Java Server Faces 2.2.

Nava is built on deep credit analytics, which enables it to offer loans to a broader range of borrowers than many banks and building societies are capable and at more competitive prices. Nava was co-founded by Joseph Dlutowski, Abhai Rajguru and Richard Lee, who between them have over 75 years’ experience in financial services, particularly in consumer credit and early stage high-growth businesses.

Commenting on Nava’s expansion, Andrew Jones said:

“As an innovative, forward-thinking financial services business we want to attract the very best IT and fintech talent the UK has to offer. Building a presence in Milton Keynes will certainly help us to do that. From our research of the area we see a prevalence of skills including PrimeFaces JSF, HTML5 and Web-Services (Soap/Rest) which match the profile of people we shall be recruiting”.

“The town has a highly skilled workforce and great transport links, which over recent years has helped Milton Keynes to establish itself as a leading technology hub. We already have a huge amount of expertise in the team and want to build on that with the next wave of appointments in our new technology development office.”

Andrew continued: “This is a good opportunity for someone to join a growing sector in financial services, a recent report by think tank Cebr and Nava – The Perfect Borrower? – shows demand for personal loans is continuing to grow strongly.”

People interested in opportunities should contact nava@navaloans.com.

ENDS

All media enquiries should be directed to Nava’s Press Office

nava@mrm-london.com

Chris Tuite

Associate Director

MRM

0203 326 9925

07471 350 810

 

Tom Briffitt

Consultant

MRM

0203 326 9902

07417 351 576

About Nava Finance Ltd.

Nava Finance Limited is a next generation consumer lending platform built on deep analytics which is used for credit and other underwriting processes. Nava sources loan funding from institutional investors and manages the process of sourcing and underwriting borrowers.

Nava’s credit expertise means that it’s able to offer responsible lending to a broad range of borrowers, including those that may score well on affordability but have less than perfect credit histories. With Nava’s single product focus, its customers are not cross-sold, up-sold or mis-sold any additional financial products or services. Nava Finance Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 734925.

 

Comments

comments