ThinCats Appoints New Chief Financial Officer

Published 6 months ago
  ThinCats, Dan Hartley

Alternative lender ThinCats announces the appointment of Dan Hartley as its new Chief Financial Officer (CFO). Hartley, previously serving as the Chief Investment Officer at the Lowell Group, brings extensive experience to the newly-assumed role.

Hartley’s Tenure on the Horizon

Hartley’s early career includes his role as group treasurer at Arrow Global, a FTSE-listed company. He will be taking over from Rajeev Raichura, who has been ThinCats’ CFO since February 2022. Raichura will maintain his position until the end of the year, after which he plans to pursue his own business venture and spend more time with his family.

In a statement, Hartley expressed his excitement about being part of ThinCats’ future growth. He emphasized the importance of alternative lenders in the funding market and ThinCats’ significant progress in recent years.

ThinCats’ Record Lending and Market Position

ThinCats operates within the mid-sized SME lending markets, offering business loans typically ranging from £1m up to £15m. Since its establishment, the company has lent approximately £1.4bn.

In the first half of 2023, ThinCats achieved record-level lending, reaching £191m. This milestone reflects the company’s successful growth and potential for further expansion.

A Crucial Role in the Company’s Growth

Amany Attia, CEO of ThinCats, praised Hartley’s appointment, highlighting his expected strategic and operational role as the company continues to grow. She emphasized Hartley’s relevant experience in private credit and the company’s mission to help more mid-sized SMEs access necessary funding.

Attia also expressed her gratitude to the departing CFO, Rajeev Raichura, for his significant contributions to ThinCats, wishing him success in his future endeavors.