InDebted Appoints Nic Chin as CFO to Steer Global Expansion
Company - People | Apr 09, 2025 | EIN
InDebted, a prominent leader in human-centered debt resolution solutions, has appointed Nic Chin as its new Chief Financial Officer, effective from April 1, 2025. Chin, with over 17 years of experience in financial roles at companies like UBS Investment Bank, Macquarie Group, and Newbook, succeeds Lachlan Heussler. Heussler will transition into an advisory role after significantly contributing to InDebted's transformation from a startup to a global fintech entity. Under Chin's leadership, InDebted aims to continue its trajectory of growth, particularly through strategic mergers and acquisitions and enhancing compliance across its global operations. This executive change occurs during a period of strong financial performance and international expansion, following a successful Series C funding round in 2024.
Sectors
- Financial Technology (FinTech)
- Debt Collection and Management
- Mergers and Acquisitions Consulting
Geography
- Australia – InDebted's new CFO, Nic Chin, and former CFO, Lachlan Heussler, are based in Sydney, Australia.
- Global – InDebted operates in multiple countries, having expanded its market reach to regions like Mexico and the UAE.
Industry
- Financial Technology (FinTech) – InDebted operates within the FinTech sector, providing human-centered debt resolution solutions.
- Debt Collection and Management – InDebted focuses on debt collection solutions, making this a relevant industry classification for the company.
- Mergers and Acquisitions Consulting – The article mentions strategic mergers and acquisitions as part of InDebted's growth strategy, involving M&A expertise.
Financials
- Series C funding round completed in September 2024 – Recent funding round indicating financial health and backing for global expansion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| InDebted | Target Company | Company | A global leader in human-centered debt resolution solutions. |
| Nic Chin | Incoming CFO | Person | Bringing extensive financial experience from roles at UBS, Macquarie, and Newbook. |
| Lachlan Heussler | Outgoing CFO and Advisor | Person | Former CFO who will transition to an advisory role, contributing to InDebted's early success. |
| Josh Foreman | CEO | Person | CEO of InDebted, overseeing the company's growth and strategic direction. |