CCR Magazine

You are here  :Home arrow News arrow Wellesley & Co appoints new managing director
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Wellesley & Co appoints new managing director PDF Print E-mail
Tuesday, 16 February 2016

Wellesley & Co has appointed Nick McAuliffe as its new managing director, as the peer-to-peer (P2P) platform plans for significant growth in 2016.

Formerly managing director of the consumer lending division and chief operating officer at Shawbrook, McAuliffe joins Wellesley & Co with extensive experience of the challenger banking market, having successfully been part of the executive team that led Shawbrook’s initial public offering last year.

As the new managing director, McAuliffe will be responsible for implementing the P2P platform’s strategy for continued and significant growth in retail investor inflows throughout 2016 and beyond. He brings a challenger mind-set that will drive Wellesley & Co to its next stage of development, at a time when alternative finance has moved firmly into the mainstream.

Wellesley & Co has a unique approach to lending, as the first and only P2P platform in the industry that invests its own capital in every loan. The firm’s lending volumes have more than doubled in the last 12 months, reaching almost £300 million, and with more than 20,000 registered P2P lenders on its books.

The company is led by a management team and board with substantial financial services experience, especially in a highly regulated environment.

Following a number of recent hires, and with further senior hires expected this year, McAuliffe embodies the firm’s commitment to specialist talent and its drive to build its retail investing and secured lending business.

Graham Wellesley, Joint CEO & Chairman said: “We are delighted to welcome Nick to Wellesley & Co. His wealth of financial services experience will be extremely valuable as the alternative finance industry makes further progress in challenging the position of the establishment providers. The appointment of a managing director specifically for our peer-to-peer business reflects our long-term commitment to the sector.

“Wellesley’s unique model of secured lending and risk-adjusted returns is proving extremely popular with our customers – Nick will expand our offering to an even wider audience in 2016.”

Nick McAuliffe, Managing Director, Wellesley & Co said: “It is an exciting time to join Wellesley. Their growth over the last number of years has been very impressive. The depth of financial expertise within the organisation is unique in a young industry that includes many tech start-ups. I hope to build on this growth, while ensuring Wellesley continues to offer customers innovative, high value investment products that offer consumers a genuine, accessible and trustworthy alternative to those available from the establishment providers.”

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197