McGinley's team will also help lenders grow their portfolios of home improvement loans by providing data, insights and support.Īs Vice President of Contractor Channel, Oesterreich will lead Acorn Finance's recruitment and engagement strategies for the contractor channel with a focus on educating and building relationships. In his new role as Vice President of Lender Relationships, McGinley will focus on growing Acorn Finance's marketplace of lenders to include regional banks and credit unions to ensure homeowners have easy access to financing for their home improvement projects, with multiple choices of loan types and payment terms. He will leverage artificial intelligence and machine learning methodologies to ensure the Acorn Finance lending marketplace is working optimally to offer the best possible rates and terms to homeowners. "Their contributions will be an important part of growing both our customer and lender networks – initiatives that have been made possible through the commitment of our investor partners."Īs Vice President of Decision Science, Elbeyli will spearhead the analysis of multiple data streams from Acorn Finance lenders, point-of-sale partners, contractors and homeowners. "Ozer, Michael and Adrian's expertise and experience are a perfect fit for Acorn Finance," said Giri Addanki, founder and CEO of Acorn Finance.
#ACORN FINANCE SERIES#
After closing a $8.4 million Series A funding round in January, the company is working to double its team and expand its technology to meet the demand for competitive lending options at the point of need. In 2021, Acorn's revenue and the number of customers applying for loans through the Acorn Finance platform both grew by 800 percent.
Acorn Finance, an embedded lending marketplace for home improvement financing, has expanded its leadership team with the addition of Ozer Elbeyli as Vice President of Decision Science, Michael McGinley as Vice President of Lender Relationships and Adrian Oesterreich as Vice President of Contractor Channel.
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