P2P invoice finance platform MarketInvoice has named Giles Andrews as chairman of the board of directors. He will also assist cofounders Anil Stocker and Ilya Kondrashov with scaling the business.
Mr. Andrews cofounded Zopa in 2004 and served as its CEO from 2007 to 2015. He remains chairman of the company, which plans to launch a bank in the near future, and also serves as chairman of startup accelerator Bethnal Green Ventures.
Over the past year MarketInvoice has surpassed the £1.1 billion funding against invoices mark and raised £7.2 million in Series B financing from venture capital fund Northzone and private equity group MCI Capital.