P2P veteran Michael Hoare joins Fluro
Peer-to-peer lending veteran Michael Hoare has been appointed chief risk officer at fintech lender Fluro.
He will also serve as a director on the Fluro board.
Hoare has spent more than eight years in the fintech lending space. He was chief credit officer at RateSetter until the P2P platform was acquired by Metro Bank in 2021. He moved with the company, and became chief credit officer of consumer finance at Metro Bank, before leaving at the end of 2022.
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He then returned to the fintech lending space, becoming chief risk officer at Kriya, the alternative lender formerly known as MarketFinance.
According to LinkedIn, Hoare left Kriya last year and joined Fluro in December 2023 as its chief risk officer.
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Fluro is a consumer lending platform which was once known as the P2P lending marketplace Lending Works. It rebranded in September 2022 with the aim of becoming the UK’s leading embedded finance lender.
Soon after its rebrand, Fluro announced that it had received a £200m funding line from BNP Paribas.
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