Capify, an online lender for SMEs, has appointed Sam Colclough (pictured) as the head of technology for its operations in Australia and the United Kingdom.
This strategic hire comes as Capify is experiencing rapid growth, thanks in part to a $194 million credit facility from Pollen Street Capital and aims to bolster its technology-driven capabilities across both markets.
Colclough brings over two decades of experience in IT leadership to Capify.
His expertise will be pivotal in driving technological innovation and efficiency within the company. His role will be crucial in harnessing technology and data to support Capify’s growth plans.
“I’m thrilled to join Capify at such an exciting time. Technology is a key enabler of growth,” Colcough said.
Capify has a strong presence in both Australia and the UK, having funded more than $2.3 billion for more than 20,000 SMEs since its inception.
Originally launched in the US in 2002, the company expanded to Australia in 2008. Capify has continued to innovate, offering a suite of financing options that support small and medium businesses through economic changes.
As Capify continues to scale, Colclough’s leadership will focus on enhancing the company's data and technology platforms.
“His impressive track record of leveraging technology to drive business growth aligns perfectly with our mission,” said John Rozenbroek, Capify’s COO/CFO.
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