LendingMetrics Appoints Software Veteran as Non-Executive Chair
Portfolio - People | Jan 07, 2025 | Business Cloud
LendingMetrics, a Hampshire-based credit risk technology group, has appointed seasoned software expert David Murray as its non-executive chair following a significant investment from private equity firm LDC. Murray, with over 30 years of experience in software and IT, is set to collaborate with LendingMetrics's leadership team, including CEO Neil Williams and Commercial Director David Wylie, to enhance the company's footprint in the competitive UK decisioning software and data market. His past achievements include co-founding Kirona and facilitating its growth to an enterprise value exceeding £50m, as well as playing a pivotal role in ENSEK’s growth leading to a successful exit. LendingMetrics, known for its innovative solutions in automated and risk-based lending decisions, serves a diverse clientele. With LDC’s backing and Murray’s expertise, the company is poised for continued growth and innovation.
Sectors
- Financial Technology (FinTech)
- Software and Data Solutions
- Private Equity
Geography
- United Kingdom – LendingMetrics is based in Hampshire, UK, and is expanding its presence in the UK’s decisioning software and data market.
Industry
- Financial Technology (FinTech) – The appointment and LDC's investment are integral to LendingMetrics's role within the FinTech industry, specifically focusing on credit risk technology solutions.
- Software and Data Solutions – LendingMetrics provides sophisticated software and data solutions for risk-based lending decisions, a core aspect of this industry classification.
- Private Equity – The involvement of LDC, a private equity firm, and their investment in LendingMetrics highlight the role of private equity in the growth and development of technology firms.
Financials
- 50 million GBP – Enterprise value of Kirona, a software company co-founded by David Murray, through two rounds of PE investment before a trade sale.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LendingMetrics | Target Company | Company | A Hampshire-based credit risk technology group specializing in automated and risk-based lending decisions. |
| David Murray | Non-Executive Chair | Person | Software expert with over 30 years of experience, appointed to strengthen LendingMetrics's growth strategy post-LDC investment. |
| LDC | Private Equity Firm | Company | Private equity firm that recently invested in LendingMetrics, enabling its expansion and strategic growth. |
| Neil Williams | CEO | Person | Chief Executive Officer of LendingMetrics, leading the company's growth and innovation strategies. |
| David Wylie | Commercial Director | Person | Commercial Director at LendingMetrics, responsible for scaling commercial operations in the decisioning software market. |