Cashwerkz has appointed former Macquarie chief investment officer and head of innovation Craig Swanger to its board.
Mr Swanger is already an adviser to or investor in a portfolio of 12 high-growth companies, ranging from early stage startups such as Care360 to rapidly scaling fintechs including Wisr and newly licensed neobank Xinja.
He has worked in investment markets for more than 25 years.
John Nantes, executive chairman of Cashwerkz said the Mr Swanger will help the business with its strategic focus on leveraging growth opportunities. Cashwerkz signalled it intends to grow both nationally and internationally.
“Craig has impeccable credentials to assist us as we take the business to the next stage,” Mr Nantes said.
Mr Swanger’s current portfolio includes Care360 (aged care quality transparency); CIS (data insurance); Longreach Credit (SME lending); Mackellar Capital (funds management); MuviNow (entertainment rewards platform); SuperFierce (financial empowerment); Venture Capital (alternative investments); Wisr (neolender); and Xinja (neobank).
His appointment is effective from 1 October.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
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