ClearScore, the UK’s leading credit marketplace, is pleased to announce the appointment of Grant Foley as its new Chief Financial Officer (CFO).
Effective from 1st June 2021, Grant has been brought on board to support the Group operating in the UK, South Africa and Australia serving 14 million users and nearly 200 financial institutions. Grant will grow a world-class finance, legal and regulatory function to support ClearScore in its ambitious global and new vertical growth plans.
Grant joins ClearScore, one of the few profitable UK fintechs operating at significant scale, from NoteMachine, the financial services Group where he served as Group CFO. He has over 25 years of experience including senior and board-level finance and operational roles in leading UK and international technology and financial services businesses, both public and private. These have included CMC Markets Plc, where Foley was instrumental in the company’s successful IPO, Westhouse Holding Plc, and Prudential Financial Inc. Grant brings significant experience of supporting online and international businesses and will work with ClearScore to further scale the business for growth, managing all aspects of finance, funding, legal and regulatory.
Commenting on his appointment Grant Foley says: “I am delighted to be joining one of the UK’s leading fintechs which has supported millions of customers over the last six years, and is now set for continued growth. The mission of ClearScore, as a Group around the world, is clear and the opportunity ahead for the business is significant. The consistent profitability of the Group, underwritten by a disciplined and well-managed business, is impressive. I am incredibly excited to be a part of ClearScore’s ambitious plans for the future as we look to accelerate our growth and global reach.”
Justin Basini, CEO and Co-Founder of ClearScore says: “I am delighted to welcome Grant to ClearScore’s leadership team at such an important time in our company’s journey. As one of few profitable UK fintechs, and following our recent investment, ClearScore is set to supercharge its growth in the UK and internationally. Grant will play a key part in ensuring that we successfully execute our ambitious plans enabling our balance of disciplined profitability, strong growth and focus on strong unit economics to continue to create a sustainable exiting UK success story .”