Trussle appoints new CEO

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Ian joins Trussle from Target Group where he was CEO for five years and oversaw significant growth in the business using technology to improve productivity, risk management and customer experience. He previously held senior roles at Lloyds, Virgin Money, McKinsey and Accenture.

Trussle was founded in 2015 with the aim of utilising technology to provide a faster, smarter and more transparent mortgage process. Over the past year, Trussle has helped almost 70% more customers to find a mortgage than the year before.

The firm recently secured an additional £7.5 million in funding – from new investor, Rabo Frontier Ventures, alongside existing investors, Goldman Sachs, Finch Capital and, Propel Venture Partners. This has enabled Trussle to continue investing in its technology to better improve the customer experience.

Ian Larkin, Trussle’s new CEO, commented: “The home ownership journey is one of the most stressful experiences that consumers face, yet not enough has been done to simplify the process for both homeowners and lenders.

“There’s a tremendous opportunity to leverage technology to transform home financing and mortgage distribution, making the market work better for homeowners and lenders.

“The Trussle team has done a great job so far, and our excellent group of investors are committed to the strategic opportunity that lies ahead. Trussle is really well positioned to lead the transformation of the mortgage industry.”

Simon Williams, Trussle’s chairman, said: “We are thrilled to have someone of Ian’s calibre leading the business. Ian’s vast experience in retail and commercial financial services, and his expertise in growing businesses and enhancing customer propositions will be an important part of our success.

“We are at a pivotal stage of Trussle’s journey and look forward to working closely with Ian to build on our vision of making home ownership more accessible to everyone.”