Nava Finance Limited has appointed leading accountancy practice Alexander Rosse to support the finance and accounting aspects of its business operations ahead of its national launch.
Alexander Rosse specialises in supporting companies in disruptive technology and fintech sectors, growing with many of its clients from start-up operations into leading, high-growth businesses.
The appointment provides Nava Finance Limited with the benefit of Alexander Rosse’s diverse range of accountancy, compliance, bookkeeping, corporate finance and advisory services to deliver its real-time services. Alexander Rosse exclusively uses Xero – Britain’s leading online cloud-based accounting platform.
Joseph Dlutowski, CEO at Nava Finance Limited, said: “We have chosen to partner with Alexander Rosse because it has a depth of experience working with early stage, ambitious businesses, especially in financial services. There is a natural synergy between the two companies and we are delighted to have Alexander Rosse on board.”
Rashesh Joshi, Managing Director at Alexander Rosse, said: “We are committed to supporting small and medium-sized businesses by delivering a financial solution which enables them to concentrate on running and growing their business. In Nava Finance Limited’s case, we hope that the expertise and experience we have will allow the team to focus on disrupting the unsecured personal loans market in the UK.”
Glen Foster, Head of Partner Sales at Xero, said: “We’re really pleased the team at Nava Finance Limited have chosen to partner with Alexander Rosse, a Xero Gold Partner. Through the combination of Xero’s innovative cloud software and Alexander Rosse’s depth of knowledge, Nava Finance Limited is in very good hands.”
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About Nava Finance Limited
Nava Finance Limited is a next generation consumer lending platform built on deep analytics which is used for credit and other underwriting processes. Nava Finance Limited sources loan funding from institutional investors and manages the process of sourcing and underwriting borrowers.
Nava Finance Limited’s credit expertise allows it to offer responsible lending to a broad range of borrowers, including those who may score well on affordability but have less than perfect credit histories. With Nava Finance Limited’s single product focus, its customers are not cross-sold, up-sold or mis-sold any additional financial products or services. Nava Finance Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 734925.
Xero is beautiful, easy-to-use online accounting software for small businesses and their advisors. The company has over one million subscribers in more than 180 countries. Xero seamlessly integrates with over 500 apps. It was ranked No. 1 by Forbes as the World’s Most Innovative Growth Company in both 2014 and 2015.