CarClarity expands leadership team as it gears up for further growth

Australian leading car loan platform CarClarity has expanded its leadership team with three key hires to strengthen its marketing, data and analytics, and partnerships capabilities.

Joining the team to lead these parts of the business are:

• Elias Istanbouli, Chief Analytics & Risk Officer – Prior to CarClarity, Elias was the Head of Risks Insights and Solutions at Prospa, where he led the development and implementation of Prospa’s Credit Decision Engine, sophisticated machine learning solutions, and multiple credit risk frameworks.  Having built and mentored a team of data scientists and risk management exports in a similar fintech space, at CarClarity, Elias’ role will focus on leveraging technology, data, and analytics (such as AI, machine learning and the broader data science) to deliver safer, faster, and more efficient solutions.
• Bridget Devlin, Head of Marketing – Bridget has over two decades of experience in delivering successful customer acquisition & retention strategies across Telco & Energy. Most recently Bridget was Head of Marketing at leading business energy comparator Make it Cheaper, where she led customer acquisition for direct and affiliate channels. At CarClarity, Bridget’s role will focus on growing the CarClarity customer base and brand with further customer journey enhancements to increase conversion and retention.
• Jem Corden as Head of Strategic Partnerships – With a robust professional experience in fintech at both humm group and Shift (formerly GetCapital), Jem brings with him a holistic approach to partnerships and outside the box strategies. At CarClarity, Jem’s role will focus on building mutually beneficial partnerships to continue to accelerate the company’s mission to revolutionise the car loan industry in Australia.

The new hires come off the back of a record period of growth for CarClarity and its recent Series A funding, led by Equity Venture Partners. In 2021, CarClarity has seen revenue increased by a staggering 600 per cent, with the addition of 21 new employees year to date, and recently launched a new integration with Compare Club.

CarClarity Founder and CEO, Zaheer Jappie, said, “Since the Series A raise, our focus has been on building the right foundation to support sustainable growth. Finding the right talent with the right experience, a love for taking on challenges, and passion for driving growth is a critical part of this. We identified key areas that we needed to focus on in order to take the brand to the next level. We couldn’t be more thrilled to have someone of Bridget, Elias, and Jem’s calibre joining at CarClarity.”

CarClarity’s platform was the first of its kind to launch in Australia in March 2020, connecting car buyers with more than 30 different finance lenders. From loan comparison, application, to approval, CarClarity makes the full car financing process easier, clearer and more transparent for customers. In 2022, CarClarity plans to accelerate from a startup to an early stage business,  with a recruitment focus on expanding its business services team through key support roles in Finance and HR.

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Originally published on 11 November 2021 by Australian FinTech