Digital property exchange platform Pexa has announced the appointment of Nitesh Thadani as its UK chief technology officer (CTO).
His appointment will support the development and roll-out of Pexa’s platform this year.
Thadani has more than 20 years of experience in digitised property transactions, having worked in fintech and software-as-a-service (SaaS) businesses. This included work in the UK mortgage sector and delivering integrations with lenders such as NatWest and Nationwide.
He joins from Mojo Mortgages, where he was the interim director of engineering for nine months.
Before this, Thadani was at Smartr365, where he worked for over two years as CTO. He has also worked and consulted for businesses across the UK, US, India and Australia including ThoughtWorks, Barclays, McKinsey and British Gas.
Thadani will join Pexa at the end of January and report to UK chief executive Joe Pepper, as part of the UK executive leadership team.
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Pepper said: “It is with great pleasure that I welcome Nitesh to Pexa. 2024 was a momentous year for the UK business, and Nitesh will play a critical role in our ongoing success this year.
“He will lead on our technology roadmap as we continue to onboard and integrate lenders to the Pexa platform, develop our proposition, and work towards rolling out our sale and purchase offering. His expertise, skillset and track record of leading data-driven transformation will be invaluable.”
Thadani (pictured) added: “From open banking to embedded finance, I have had the privilege of witnessing the transformative impact technology can have for businesses and the sectors they operate in first-hand, and Pexa has taken great strides to unlock its potential for the mortgage market.
“I am excited to play a role in delivering the technology that will enable it to streamline the UK’s remortgaging and home buying process.”
Last year, Pexa teamed with Hinckley and Rugby Building Society, Metro Bank, NatWest and Shawbrook to improve the remortgage process.
