Press Release: Q4 UK Mortgage Arrears Climb Higher
29.5% annual jump in arrears across Pepper Advantage’s 100,000+ UK residential mortgage portfolio Arrears reach another post-financial crisis high Direct Debit Rejections, a form of missed mortgage payment and a leading indicator of borrower stress, grew 30.8% year-on-year Pepper Advantage’s...
Clay and Pepper Advantage Form Strategic Joint Venture to Power the Next Generation of Lending Startups
Joint Venture will see Clay’s Brandable Credit™ Platform integrated with Pepper Advantage’s proprietary loan management and data analytics platform Pepper Advantage invests seed funding; investment and joint venture will transform the fintech sector by providing a single, integrated platform that...
Pepper Group Company Update
Effective Jan 1st, 2024, Mike Culhane, Founder and Group CEO of Pepper Group and Chairman of Pepper Money Limited (PPM:ASX) has taken on a new role at the company. As a result of a successfully treated health issue, Mike has decided, with the full support of KKR and other shareholders, to step down...
Pepper Advantage makes senior appointment to drive operational growth in Asia-Pacific
Clive Kirkpatrick joins executive team to lead the Pepper Advantage Hubs
Pepper Advantage launches Global Tech Hub in India to drive AI product development
Launch follows acquisition of Loanguard, previously known as Rieom.ai Plans to hire dozens of roles in Pune, India Tech Hub will serve Pepper Advantage’s growing customer base, which has increased in India 40% since December 2022
UK mortgage arrears rate hits new high
Global credit intelligence provider, Pepper Advantage, has published data on its 100,000+ UK residential mortgage portfolio, which shows a 23.3% annual jump in the arrears rate in Q3 2023 to reach a post-financial crisis high This forecast is corroborated by the rate of Direct Debit Rejections, a...
Pepper Advantage appoints new Group CTO
Pepper Advantage promotes Narinder Auluck to the new role of Group Chief Technology Officer New appointment underlines Pepper Advantage’s commitment to transforming the credit management sector using innovative technology
Pepper Advantage grows customer base 40%
Growth driven by demand for credit management and technology in higher interest rate environment Data and technology investments lead to new customer wins across both banking and non-banking sectors Strong Asian growth driven by Indian and Indonesian markets