Rapidly growing fintech lender Treyd appoints seasoned expert Justin Parr as Head of Credit
Stockholm headquartered Treyd, is pleased to announce the appointment of Justin Parr as the new Head of Credit to support further sustainable growth and progress towards profitability.
With over 15 years of experience in credit risk management and a proven track record of success in various roles within the fintech and finance industry, Justin Parr brings invaluable expertise to Treyd's credit risk strategy after spending a decade in investment banking with Macquarie Bank, and more recently from fintech lenders Stenn and Beacon, where he served as Credit Risk Leader, responsible for building their risk management capabilities from day one.
At Treyd, Justin Parr will spearhead all credit risk management endeavours aimed at bolstering the company's global expansion and fostering greater financial inclusion. Leveraging advanced machine tooling and decision science, he will work towards a deeper understanding of the unique needs of SME entrepreneurs, thereby empowering more growing companies to finance their inventory purchases effectively.
Peter Beckman, co-founder and CEO of Treyd comments: "We are thrilled to welcome Justin Parr to the Treyd team. His vast experience both from fintech scaleups and investment banking will be instrumental in strengthening our credit risk management capabilities and enabling us to better serve our customers on our road to profitability."
Justin Parr, Head of Credit at Treyd comments: “I'm truly impressed by Treyd's remarkable journey of growth, and I'm thrilled to play a part in its ongoing success. My aim is to implement robust credit risk strategies that not only drive sustainable growth but also safeguard the company's financial health."
About Treyd
Treyd is a fintech that helps growing businesses thrive by letting them sell products first and pay suppliers later. With simple onboarding and efficient, thorough, and sound risk assessment, Treyd enables merchants to pay suppliers quickly and fully upfront, while maintaining working capital. Treyd has raised USD 25m to date. The company has a team of 60+ with its head office in Sweden and offices in the UK and Egypt. Treyd.io