Lendingblock, the open exchange for cryptocurrency loans, announces appointment of Andrew Mullinger as an advisor to the company
Company introducing securities lending to the crypto world welcomes Funding Circle co-founder Andrew Mullinger ahead of ICO
London, 9 March 2018: Lendingblock, the open exchange for cryptocurrency loans, today announces the appointment of Funding Circle co-founder Andrew Mullinger as an advisor to the company.
Andrew co-founded Funding Circle in 2009, stepping back from day to day involvement in 2016. During his time at a Funding Circle he served as Global Head of Credit and Chief Operating Officer, with responsibility for risk management and compliance.
Prior to Funding Circle, he worked at Nomura and Citigroup in investment banking. He was also a consultant at Ernst & Young where he advised financial institutions, Government and regulators on risk manangement and regulation.
Steve Swain, CEO of Lendingblock, commented on the appointment “We are delighted to have Andrew as part of our team, with his extensive experience in risk management and compliance and having founded and built a leading fintech company. Lendingblock is creating a secure and robust trading platform for use by serious investors, and Andrew’s knowledge will be invaluable as we build out the exchange and seek regulatory approval.”
Andrew Mullinger stated “As the cryptocurrency world continues to mature it needs to stabilise. It will soon reach a point when it requires some of the equivalent infrastructure to traditional financial services, in order to allow institutions access to these markets. Lendingblock is building that solution for crypto securities lending, and I am pleased to support the founders and the company in that journey”
Lendingblock is an open exchange for cryptocurrencies, where borrowers and lenders are matched in a simple, safe and transparent way. It is the first company to bring cross-blockchain securities lending to the crypto world, which means that borrowers and lenders can specify the digital asset they need or are willing to loan. It will be launching in Q3 2018 with Bitcoin, Ethereum and ripple as its first lending currencies. The pre-sale of its token is taking place on the 9th March 2018, followed by an ICO on the 23rd March. The white paper relating to the offer can be found here.