Lendful Adds Mitch Salis to Executive Team

Capitalizing on its recent $15-million partnership deal with Alterna Bank and its momentum in the market, Lendful has announced a new addition to their executive team: Mitch Salis.

In his previous role as CFO of Thinking Capital, Salis was instrumental in building out the company’s operations, financial systems, and overseeing risk functions including underwriting and collections.

“Mitch brings a huge amount of experience to the team, and at this stage of the online lending evolution in Canada, strong management and execution is key,” says Alex Benjamin, CEO of Lendful, a Vancouver based online marketplace lender.

“It is a great accomplishment and validation of Lendful’s potential for us to have attracted Mitch ­ we are very pleased to have such an experienced operator in our industry join our team at this important time,” Lendful director and investor Dominique Ferst said.

Salis will assume the role of COO. He will oversee the expansion of Lendful’s strategic partnerships and lead the build out of operations.

“The Canadian consumer lending market is massive and our company is strategically positioned to provide millions of underserved borrowers access to capital in a seamless and efficient way,” he noted.