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Patrick Crivelli
Chief Product Officer at Grow Finance
Professional Background
Patrick Crivelli is a seasoned investment manager renowned for his innovative approaches at the crossroads of finance and technology. With a career in finance that spans over two decades, Patrick has cultivated a wealth of experience through various pivotal roles in the investment sector. His journey began in 2002 with an internship at Principal Global Investors' fixed income team in London. This foundational experience ignited his passion for finance, leading him to an opportunity as a research analyst at Susquehanna International Group in Sydney, where he focused on fundamental research pertaining to Asian stocks and bonds for two and a half years.
In 2006, Patrick took on the role of equity analyst at HSBC Asset Management in Hong Kong, specializing in the consumer sector. His diligence and expertise propelled him to the position of Portfolio Manager in 2010, where he managed an impressive $800 million Australian Equities fund. Here, he implemented a proprietary value-driven investment process and oversaw portfolio risk management processes, significantly contributing to the fund's performance.
Recognizing the transformational power of technology in finance, in 2012, Patrick began his foray into the fintech realm. He developed a research product based on social media sentiment analysis, aimed at identifying shifts in consumer sentiment toward brands. This innovative approach was just a taste of his broader vision for fintech solutions.
In early 2015, Patrick channeled his passion for technology by founding Skippr, a fintech company dedicated to providing working capital solutions for small and medium-sized enterprises (SMEs) and their advisors. Skippr leverages smart technology to help SMEs navigate cash flow challenges more effectively, quantifying solutions and allowing effortless access to funding directly through the application. Under his leadership, Skippr has made significant strides, signing over 450 users to its platform by 2018, primarily focusing on aiding advisors in managing their clients' cash flows.
Education and Achievements
Patrick’s academic credentials include a Bachelor of Commerce degree with a major in Accounting from Macquarie University. This educational backdrop equipped him with a solid foundation in financial principles, which he has expertly applied to his diverse roles in investment management and fintech innovation.
As the CEO of Skippr, Patrick has achieved remarkable milestones, including:
- Raising $20 million in debt funding to support the company's growth and innovations.
- Securing $1.5 million in equity capital, demonstrating confidence from investors in the business's potential.
- Designing and implementing comprehensive credit risk processes that safeguard the operational integrity of his fintech solutions.
- Successfully guiding his team through the formative stages of a startup, showcasing his leadership capabilities and commitment to fostering talent.
Notable Positions and Responsibilities
Throughout his illustrious career, Patrick held numerous influential positions that highlight his extensive expertise in finance and management:
- Chief Product Officer at Grow Finance: Spearheading product development and innovation, focusing on delivering timely financial solutions to market demands.
- Managing Partner at Grow Finance: Amplifying the reach and impact of financial services catered to SMEs.
- Contractor at Scottish Pacific Business Finance: Contributing to strategic initiatives in business financing.
- Research Director at IND-X Advisors: Leading market research efforts that informed critical investment decisions.
- Founder at ValueAsia: Establishing a firm that focuses on value-oriented investment strategies in Asian markets.
- Country Fund Portfolio Manager at HSBC Global Asset Management: Overseeing the Australia Country Fund, managing assets with a nuanced understanding of market dynamics.
- Senior Investment Analyst (Asia ex Japan) at HSBC Global Asset Management: Performing rigorous analyses to optimize investment portfolios.
- Investment Analyst (Asian Equities) at Susquehanna International Group, LLP (SIG): Analyzing market opportunities within Asian equities.
- Fixed Income Analyst at Principal Global Investors: Gaining foundational experience in fixed income markets.
Conclusion
Today, Patrick Crivelli stands out as an influential figure in both finance and technology. His unique blend of analytical acumen, strategic foresight, and innovative thinking has positioned him at the forefront of the fintech revolution in Australia. Patrick's dedication to leveraging technology for improved financial solutions continues to inspire aspiring fintech entrepreneurs and seasoned professionals alike. As he forges ahead in his career, the investment community and technology sector alike eagerly watch his next moves, anticipating further innovations that will reshape the landscape of finance.
Achievements
- Raised $20 million in debt funding
- Raised $1.5 million in equity capital
- Designed and implemented credit risk processes
- Managed a team through the early stages of a business