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Jakob Pethick
CCO at YouLend
Jakob Pethick is the Chief Commercial Officer at YouLend, a company that is part of the Banking Circle Group. He has been in this role since November 2020, based in London, England.1 As CCO, Pethick leads the Commercial and Product teams at YouLend.1
Professional Background
Pethick has extensive experience in the fintech and financial services sectors:
- Prior to his current role, he held positions within YouLend, including Head of Lending Partner Implementation and Solutions from November 2019 to October 2020.1
- He worked at Funding Circle, serving as Country Launch Manager in Canada and as a Manager with P&L ownership for the UK business.1
- Earlier in his career, Pethick was a strategy consultant at Oliver Wyman, focusing on financial services.1
Education
Pethick holds a BA and MA in Philosophy, Politics, and Economics from the University of Oxford, where he achieved a First Class degree.1
Expertise and Insights
As a leader in the embedded finance space, Pethick has shared valuable insights on industry trends:
- He emphasizes the growing trend of tech companies solving financial problems for their customers, particularly in e-commerce, travel, and food delivery sectors.2
- Pethick highlights the dual benefits of embedded finance: addressing small businesses' financial needs and helping tech companies enhance customer loyalty and monetization.2
Notable Achievements
Under Pethick's leadership, YouLend has achieved significant milestones:
- YouLend partnered with JP Morgan, which Pethick notes has brought "additional firepower" to fund more small businesses in the UK and Eurozone.2
- The company has a notable partnership with Amazon, integrating financing options directly into the Seller Central platform.2
- In collaboration with Dojo, a payment technology provider, YouLend has extended over £1 billion in flexible funding to UK SMEs since 2020, supporting more than 20,000 businesses.3
Pethick's vision for YouLend focuses on continual product innovation and optimization, with a mission to help small businesses access financing for growth and job creation.2