Former ME boss resurfaces at SocietyOne ahead of IPO
Former ME boss resurfaces at SocietyOne ahead of IPO
14 April 2021 4:05AM
McPhee, who exited ME last July, has been appointed a director of digital finance platform, SocietyOne.
He will be joined on the board by former American Express veteran Melanie Cochrane, who previously led the global card company’s merchant services business in the Asia Pacific region.
McPhee and Cochrane join SocietyOne at a critical moment for the business after it hired Evans and Partners to advise it on a possible IPO later this year.
SocietyOne continues to position itself aggressively as an alternative source of personal loans to the major banks, despite entering a strategic partnership with Westpac’s banking-as-a-service platform in February.