ClearScore, the free credit checking service, has appointed Guy Buckley-Sharp as its new Chief Finance Officer from May 2016.
At ClearScore, Guy will work alongside CEO Justin Basini to manage investor relations and the company’s finances, guiding the business through its current rapid growth phase. Over the past year, ClearScore has proven the potential of the platform, attracting 1.5 million users in just eight months. The company is now looking to expand the team and scale the business. Guy will help to manage this process and oversee ClearScore’s financial, legal and compliance procedures.
Guy has considerable fundraising and CFO experience. In 2004 Guy joined ETV Capital a venture debt provider to technology businesses across Europe; in a little over 4 years, Guy was involved in 52 deals and funding €135M of venture loans. In 2009 Guy joined fintech lender Borro as CFO. During Guy’s four years with Borro the team grew from 8 employees to over 60 between London and New York. With the CEO, Guy co-led the raising of $118M of financing for Borro.
ClearScore provides free access for everyone in the UK to their Equifax credit score and report. It also uses people’s data securely to provide personalised offers on financial products such as credit cards and personal loans via Total Money.
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Commenting on Guy’s hire, Justin Basini, CEO and co-founder of ClearScore, said: “At ClearScore, we are on a mission to help everyone in the UK sort their finances. In less than a year, we have helped over one and half million people, but we are just touching the surface. Guy’s experience of scaling businesses and his ability to fundraise, from both a debt and equity perspective, will be a major asset as we rapidly scale ClearScore to meet market demand.”
Following his hire, Guy Buckley-Sharp said: “I was very impressed by the growth ClearScore had achieved since launch in July last year. The rapid user adoption demonstrates that there is a real need in the UK for a clear and accessible way for people to view their financial information. This, coupled with a board which includes the likes of Nigel Morris [CapitalOne co-founder], Dan Cobley [CEO, Brightbridge Ventures] and Justin Basini, meant that the opportunity to join the ClearScore team was too good to miss.”