BNI Europa CEO and President Pedro Pinto Coelho has reportedly left the challenger bank.
His LinkedIn profile shows that he joined the business and regulatory consultancy firm Duff & Phelps as a senior advisor.
Pinto is still listed as President of BNI Europa on the company’s website, but it is not mentioned on his LinkedIn profile.
Duff & Phelps and BNI Europa were invited to comment.
The bank, which was launched in September 2015, has grown by acquiring a portfolio of credit assets from market lenders across Europe. It has also launched its own line of niche products, such as a digital consumer credit platform that allows customers to get cash in less than 24 hours.
BNI Europa is a regular investor in the peer-to-peer lending sector.
The bank has also invested in US consumer loans issued on platforms such as Lending Club and Prosper through a third party fund.
Talk to Peer2Peer Financial News in 2018 he said P2P lending in continental Europe was evolving.
“There is a market for P2P players to develop as there are segments of the population that are not served by banks,” he said.