Disruptive, profitable fintech lender names Sumeet Wadhera and Jeff Andrews to lead capital markets and growth initiatives, respectively
Applied Data Finance, LLC (ADF), a leading technology-enabled lender and asset manager, announced that financial services executives Sumeet Wadhera and Jeff Andrews have joined the company’s management team as Chief Capital Officer and Chief Growth Officer, respectively.
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“At ADF, we have built a disruptive, vertically integrated and profitable AI-powered lending platform – one that has been engineered for deployment into new applications and asset classes,” said ADF Co-Founder and CEO Krishna Gopinathan. “With their deep expertise in capital markets and building new revenue streams, Sumeet and Jeff will play integral roles in positioning us for the next phase of our growth.”
Wadhera and Andrews report to ADF President Jimmy Cannon, who previously held executive roles at Capital One and JP Morgan Chase. “ADF’s cutting-edge platform is positioned to meet the borrowing needs of millions of consumers across the credit spectrum,” Cannon said. “Sumeet and Jeff bring a wealth of industry knowledge and extensive relationships that will allow us to deliver on our incredible potential.”
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With financial services experience in the United States and Asia, Wadhera brings to ADF a record of proven success in building new revenue streams and teams, developing capital management strategies and funding solutions, and expanding investor and partner relationships. Prior to ADF, Wadhera was a member of Australia and New Zealand Banking Group’s (ANZ) institutional leadership team for the United States, Europe and Asia. Previously, at Deutsche Bank and Citi, Wadhera structured and executed over $25 billion in structured credit and securitization transactions.
Andrews brings to ADF proven experience at instigating growth through creative strategic partnerships and team building, driving new revenue initiatives, and cooperating with the capital markets and capital raising teams to constantly lower the cost of capital. He previously oversaw strategic partnerships for the Investor Group at Lending Club and ran the Partnerships Teams at Pagaya.
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