Loan.co.uk appoints Philip Bailey as partnerships director

Fintech broker Loan.co.uk has named Philip Bailey as its new partnerships director.

Bailey, who brings over 15 years of industry experience, joins Loan.co.uk following previous roles at Legal and General, Twenty7Tec, and Meet Parker.

Discussing his new role, Bailey said: “With our industry set for a huge and long overdue shake-up in secured loans and wider specialist borrowing, it was an easy decision to join and help drive the next growth phase. Having witnessed the real value of AI over the past few years, I recognise the advancements Loan.co.uk has made in this sector with its technology are game-changing.”

Bailey went on to say: “Loan.co.uk is driving significant efficiency and value to partners and their clients using cutting-edge technology developed from scratch. They’re not replacing advisers but making them significantly more efficient and effective at what they do. This genuine ambition to transform how things are done, driving lower fees and more value to borrowers excites me.”

Reflecting on the opportunities ahead, Bailey added: “Aligning technology and great people in large strategic partnerships is what gets me out of bed every morning, so it was an opportunity too good to miss.”

Paul McGerrigan, chief executive of Loan.co.uk, shared his enthusiasm for the appointment: “Phil’s success and reputation speak volumes. He has been a huge driver of growth through his understanding of partnerships, wherever he has worked. His strategic acumen, technical vision and industry expertise promise to be invaluable as we navigate the future. We are very excited to work with him.”

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