Trussle bolsters senior team with an abundance of new hires amid rapid growth
Ex-Wallaby Financial co-founder Todd Zino named CTO of Trussle, alongside Head of Organic Growth and new Product Manager
The online mortgage broker has nearly doubled headcount to 120 staff members
Trussle’s operations team has seen a 79% increase in mortgage submissions since the beginning of the year¹
London, 26th November 2019: The UK’s first online mortgage broker, Trussle, has made another executive appointment, hiring Todd Zino as Chief Technology Officer, it announced today.
Todd, whose remit is to drive innovation to shake up the industry and revolutionise Trussle’s product, brings over twenty years of experience across multiple continents and product areas. Most recently, he was the co-founder and CTO of Wallaby Financial, a credit card fintech that focused on big data personalisation. Todd led the startup through multiple mergers with Bankrate, Red Ventures and ZPG, with him ultimately running large fintech and home-tech product teams in Los Angeles, Austin and London.
Todd’s appointment comes as Trussle reveals a spike in hiring since the start of 2019, with headcount rising by 48% to 120 staff members.² This growth, which is set to continue in 2020, is part of the plan to excel the product offering and meet ambitious growth plans.
The London-based fintech has also confirmed the appointment of Sebastian Anthony as Head of Organic Growth and Product Manager, Terry Lee, to make significant progress with expanding Trussle’s product offering for customers. Sebastian led content strategy at Zoopla and uSwitch, and was previously Editor-in-Chief at publisher Condé Nast. Terry was a Product Manager in the acquisition and retention team of sports streaming service DAZN.
These hires follow other significant appointments for the business this year, including veteran banker, Simon Williams, who was made Trussle’s chairman in April.
Trussle was founded by CEO Ishaan Malhi, a former investment banker who launched the company after struggling to navigate his own mortgage application. Having secured £13.6m of investment led by Goldman Sachs PSI last year, the fintech scale-up has seen a 79% increase in mortgage submissions since the beginning of the year.
Todd Zino, Trussle’s new Chief Technology Officer, said, “In an era where new Open Banking, property valuation and underwriting APIs are being launched frequently, there’s an incredible opportunity for us to completely revolutionise the mortgage process for consumers.
I’m excited about the challenge of streamlining the home ownership process and making a huge impact on mortgage approval times for our customers. At Trussle, we’re currently hiring a world-class engineering team to enable us the real-time capability to verify banking, property and identity through our digital experience.”
Ishaan Malhi, CEO and founder of Trussle, added, “I’m delighted to welcome Todd, Sebastian and Terry to the team and am genuinely excited to see how they can accelerate us towards our mission.
Our culture remains to be our competitive advantage, and by hiring talent that aligns with our values, we are continuing to work towards making mortgages fairer.
We’ve got incredibly exciting growth plans and we need to bring in the very best talent to help make those plans a reality. 2020 is going to be a huge year at Trussle and we look forward to seeing more brilliant people come through our doors.”
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Notes to editors
For further information, please contact:
Katie Halfhead at Trussle: [email protected]
Rupert Bhatia or Jess Riley at Teamspirit for Trussle: [email protected] / 020 7861 3827
We’ve taken extra care to ensure the information provided within this release is presented in a way that’s compliant with regulatory requirements. If you have any questions about how to repurpose this information or require any further assistance, please contact Katie Halfhead at Trussle.
1. Comparing in period monthly volumes January 2019 to October 2019 2. 81 employees in January 2019 - 120 in November 2019
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In September 2016 Trussle launched an industry-first partnership with online property portal Zoopla, making it possible to find and buy a home in one seamless experience. Trussle is backed by some of Europe's leading technology investors including Orange Growth Capital, LocalGlobe, Ed Wray (founder of Betfair), Ian Hogarth (founder of Songkick), Seedcamp, and Zoopla Property Group.
Trussle is a trading style of Trussle Lab Ltd, which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.
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