Carmoola, the fast-growing auto finance fintech company, has appointed Frédéric de Benoist as director of capital markets.
This strategic addition to the team represents a significant step in Carmoola’s mission to revolutionize auto financing and bring simplicity, control and value to even more car buyers.
Frédéric has more than two decades of experience in the financial industry and has a strong background in structured finance and capital strategy. His career to date includes important positions at Deutsche Bank, most recently as managing director and head of asset financing.
In his new role, Frédéric will be responsible for developing and implementing a comprehensive capital markets strategy, leading fundraising efforts and optimizing Carmoola’s capital structure. His expertise will be critical in funding loans, managing financial risks and supporting the company’s growth initiatives.
Aidan Rushby, founder and CEO of Carmoola, said: “We are delighted to welcome Frédéric to the Carmoola team.
“His deep understanding of debt structures and financial markets, coupled with his impressive track record, make him the ideal leader to lead our capital markets efforts.
“I am confident that Frédéric’s leadership will contribute significantly to our goal of becoming a leading player in a revamped auto finance industry that works better for consumers.”
Commenting on his appointment, Frédéric said: “I am delighted to be joining Carmoola at such a crucial time in the company’s journey.
“Carmoola’s innovative approach to auto financing and commitment to empowering customers align perfectly with my professional values.
“I look forward to using my experience to support the company’s continued growth and success.”
Carmoola, known for its fully automated, direct-to-consumer car financing, has raised over £145 million in funding and secured the backing of some of the world’s most prestigious investors, including QED Investors, AlleyCorp, InMotion (part of Jaguar Land Rover), and VentureFriends.