MarketInvoice from MCI.TechVentures portfolio appoints co-founder of Zopa as a new chairman

MarketInvoice from MCI.TechVentures portfolio appoints co-founder of Zopa as a new chairman

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MarketInvoice, the world’s largest peer-to-peer invoice finance platform, has announced the appointment of a new chairman of the board of directors. Giles Andrews is an experienced and successful entrepreneur, co-fouder of Zopa - the world’s first peer-to-peer lending platform.

The new chairman will help MarketInvoice achieve its recently announced goal of reaching 2 billion GDP in total lending by the end of 2017. Andrews will work directly with co-founders of MarketInvoice, Anil Stocker and Ilya Kondrashov, to drive scale in the business as well as chairing and managing the board of directors.
The fuel for growth of MarketInvoice in 2017 will be provided by company’s new funding product. MarketInvoice Pro offers larger businesses a credit line against all their outstanding invoices.
MarketInvoice has been a part of MCI.TechVentures portfolio since 2016. The MCI investment amounted to 7.2 million GDP and was the effect of MarketInvoice's "Series B" financing round, its second injection of institutional funding.

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