After leaving their CTO final month, Tandem Financial institution, the British challenger financial institution co-founded by fintech veteran Ricky Knox, has misplaced one other key member of its staff.

Based on TechCrunch, Ford joined Santander InnoVentures, the enterprise capital arm of the present Spanish financial institution, in December. Specifically, he was employed because of his entrepreneurial expertise and his expertise as an operator, as Santander InnoVentures tries to strengthen the perceived entrepreneurial friendliness.

Ford confirms the transfer and says to TechCrunch: “Sure, I left tandem earlier than Christmas. I switched to enterprise capital and took a very thrilling alternative with Santander InnoVentures, the financial institution's VC fund. We're constructing a very nice, entrepreneur-friendly fund, and it's an amazing probability to make use of all of my entrepreneurial expertise to take a position and assist nice fintech founders and groups. "

Earlier than Santander, Ford was a tandem CPO to strengthen the assorted present and future Challenger Financial institution product traces. He was thought to be an vital lieutenant by the tandem founder Knox (and introduced to the press).

Remarkably, Ford joined Tandem through an acquisition After the financial institution acquired Pariti, the cash administration app, in early 2018. Based on LinkedIn, Pariti's different co-founder, Peter Townsend, continues to work for Tandem, the place he holds the place of Head of Engineering.

Within the meantime, Ford's confirmed farewell to the tandem follows A report from Sifted this week that the financial institution's chief technical officer, Paul Clark, additionally resigned final month. He was changed by Noam Zeigerson, Chief Knowledge Officer at Challenger Financial institution.

Regardless, TechCrunch expects Santander Trish Burgess to grow to be the brand new international chief in peer-to-peer funds. Trish comes from Apple – the place I be taught she was concerned in Apple Card – and can lead the financial institution's future P2P cost efforts. Your appointment is anticipated to be introduced shortly.


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