Oneiro Solutions, a fintech start-up transforming the syndicated loan industry with its end-to-end digital platform, DLX, has appointed two more members to its board of directors – Chris Hardie and Paul Mitchell (L-R in photo).
Launched in July 2021 by Chris Papathanassi and George Druncea, Oneiro Solutions brings a ground-breaking new way for syndicated loans to be serviced. On its entirely cloud-based platform DLX, borrowers, lenders, and agents have access to all of their deal-related data in real-time, as well as the ability to self-serve.
Paul Mitchell has been supporting Oneiro Solutions since the company’s inception, working with Chris and George on the original pre-fundraising activities. He has considerable hands-on experience in various finance, operational, and M&A roles within fast-growing public and private companies, including Deltex Medical Group plc and Remote Diagnostic Technologies (RDT), the latter of which was sold to Philips Healthcare in 2018.
Since 2018, Paul has continued with Philips to complete the integration of RDT and help to support its continuing success. Paul’s latest venture with Oneiro Solutions will see the company enter a new phase for 2023 – utilising his knowledge within finance and business partnerships, he’s thrilled to be part of the growing team.
“Seeing what Chris and George have achieved to date, as well as the desperate need in this industry for their technology, I do not doubt the company’s success,” said Paul. “I’m very pleased to join the board and look forward to continuing to work with them towards a bright and exciting future for their customers and the company.”
Chris Hardie has over 40 years of experience as a corporate financier for integrated banks Kleinwort Benson and Charterhouse, and most recently at smallcap specialists Arden Partners and WH Ireland.
Hardie has extensive experience in a range of corporate deals and financing transactions, both in the private equity and public markets. The team are confident his depth and breadth of knowledge will help steer the company towards success.
“I’m excited to join the team who are breaking the mould of established operators in their market with a game-changing product,” said Hardie. “I believe that my experience of start-up and early stage companies will prove valuable.”
Since raising over £1million in early 2022, Chris Papathanassi and George Druncea have continued to scale the business and its product development and sales team – which has not only led to the appointment of Paul and Chris on the board, but has also led to the signing of two more early adopter banks. “The amount of interest the company is seeing has grown exponentially in the last few months,” said Papathanassi. “Financial organisations around the world are waking to the need for innovation within their business models. They are discovering the value of migrating from ‘legacy’ to next generation technology that enables unrivalled customer experience – the gains of which are driving them to take action. These new signings are evidence of this.”
