Fignum, a lending technology platform, has appointed Steve Carruthers as growth director.

Carruthers joins from Finova, where he was business development director for mortgages, focussed on growing the firm’s mortgage sales and origination platform.

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Founded in 2019 as a spin-off from the Bluestone Group, Fignum provides loan origination and servicing for mortgages, motor finance, and unsecured lending. It specialises in using technology to speed up lending decisions, document processing, and payments management.

Carruthers’ appointment fits into the company’s expansion plans for the coming year. The company is aiming to grow its client base, release new features for its origination software and launch a new adapt servicing platform.

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“Steve’s appointment reflects our commitment to being a trusted technology partner to existing and new clients while maintaining our focus on delivering outstanding modern platforms”, Andrew Lloyd, chief executive of Fignum, said. “His deep relationships across the mortgage sector, combined with his understanding of both legacy challenges and modern solutions, makes him ideally suited to drive our next phase of growth.”

Carruthers previously served as head of mortgage distribution at Newcastle Building Society and head of intermediary sales at Aldermore Bank.

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