FundX Secures Phil Foweraker as its Business Development Manager

FundX, an alternative lending Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term 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.

Veteran Hire

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."