As Chief Executive Officer, Angus is responsible for developing the overall policy and strategy of the business and ensuring its delivery by the management team. On a day-to-day basis, Angus is engaged with borrowers, high-value lenders, strategic partners and the management team.
It was Angus and Brian Basham who spotted the opportunity to use technology to match those with cash looking for a return with those companies that needed to borrow; that was the genesis of ArchOver. With help from Prof Richard Taffler, Angus roughed out the service that became ‘Secured and Insured’. To help with this Angus recruited Gislen Software (who he’d worked with while at OneClickHR) and together they devised the first workflows. Soon after Ian Anderson and Ted Hurlock joined and took these rough ideas, along with the Gislen coding, and started to build the platform. With the platform nearing completion Robert Jackson joined the team to help commercialise the service. With the first loan about to be facilitated Charlotte Marsh joined to take care of credit analysis and accounting for the growing company. Having co-founded the business Angus continues to lead the ArchOver team and Brian Basham moved on to new projects in early 2016.
Angus qualified as a Chartered Accountant with Price Waterhouse. He has helped build a number of technology businesses, holding senior directorships in these AIM and TSX listed companies. Angus was CFO of OneClickHR PLC (1999 – 2006), which was sold to ADP. He was CFO of Synchronica (2006 – 2011) followed by CEO of Synchronica (2011 – 2012). Synchronica was also a consolidator, acquiring five other companies within three years and was itself acquired in 2012.
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Lenders: your capital is at risk, and interest payments are not guaranteed if the Borrower defaults. Historic loan default rates are not necessarily indicative of future default rates. Lending over the ArchOver platform is not covered by the Financial Services Compensation Scheme. The current average return is based on the total amount raised over the platform. It is the result of calculating the average Lender return, before tax, of every loan funded over the ArchOver platform. Past performance is not a guarantee of future returns. Borrowers : in the event of default, ArchOver will seek to recover assets to the full value of the loan.
ArchOver Limited is a company registered in England and Wales with company number 07235487. ArchOver Limited is authorised and regulated by the Financial Conduct Authority (Reg No: 723755).
© ArchOver Ltd 2020