FundX, an alternative lending fintech group, has added a new veteran hire to its ranks, securing the services of Phil Foweraker as its new Business Development Manager with immediate effect, according to a FundX statement.
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Mr. Foweraker joins FundX after nearly fifteen years in the finance industry – in his new role he will focus on finance broking, as well as fintech lending in conjunction with brokers. FundX is a marketplace invoice financing platform which caters to multiple channels of clients, including brokers most prominently.
Mr. Foweraker joins FundX after a number of stints in the fintech space, including similar roles at 180 Group and NFC/Firstfolio Group, and Liberty Financial Pty Ltd dating back to 2012, according to information made public on his Linkedin profile. Additionally he has worked at Westpac and NAB, part of a lengthy career in the financial services industry.
According to Mr. Foweraker in a recent statement on his new role and his goals at FundX: “In the era of convenience, consumers are increasingly seeking out more holistic service offerings from their financial services professionals – finance brokers included. Rather than being a concern, this growing trend opens up opportunities for brokers to partner with fintechs willing to white label their offerings, in order to allow brokers to provide a far broader range of options for their clients, while strengthening their invaluable client relationships in the process.”