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BNI Europa CEO and President Pedro Pinto Coelho has reportedly left the challenger bank.
His LinkedIn profile shows that he joined the business and regulatory consultancy firm Duff & Phelps as a senior advisor.
Pinto is still listed as President of BNI Europa on the company’s website, but it is not mentioned on his LinkedIn profile.
Duff & Phelps and BNI Europa were invited to comment.
The bank, which was launched in September 2015, has grown by acquiring a portfolio of credit assets from market lenders across Europe. It has also launched its own line of niche products, such as a digital consumer credit platform that allows customers to get cash in less than 24 hours.
BNI Europa is a regular investor in the peer-to-peer lending sector.
She has supported lenders across Europe, including Fundraising Circle in Germany and Raize in Portugal as well as the UK invoice financing platform MarketFinance.
The bank has also invested in US consumer loans issued on platforms such as Lending Club and Prosper through a third party fund.
Talk to Peer2Peer Financial News in 2018 he said P2P lending in continental Europe was evolving.
“There is a market for P2P players to develop as there are segments of the population that are not served by banks,” he said.
