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  • 8 October 2019 14:39

Cashwerkz welcomes Craig Swanger to its Board

Cashwerkz Limited (ASX: CWZ) today announces Craig Swanger has joined its board in line with its strategic focus on leveraging significant growth opportunities. Mr Swanger joins the board effective 1 October 219.

“Craig has impeccable credentials to assist us as we take the business to the next stage. We are very pleased to welcome him to the board and look forward to his contribution to an already stellar team,” said John Nantes, Cashwerkz Executive Chairman.

Mr Swanger is one of the most highly regarded FinTech investment and strategy experts in Australia. He is an adviser to or investor in a portfolio of 12 high growth companies, ranging from very early stage companies such as Care360 to rapidly scaling FinTechs such as the ASX listed Wisr (ASX: WZR) and newly licensed neobank, Xinja Bank.

Craig has worked in investment markets for more than 25 years and is perfectly positioned to help guide Cashwerkz through the next growth phase nationally and internationally. Experience such as his role as Global Head of Macquarie Group's Global Investments unit has given him a wealth of knowledge building businesses in 14 countries across funds management, wealth, insurance and banking.

He now focuses on backing early stage companies, particularly those with an emphasis on using digital technology to transform industries through transparency, consumer empowerment and profit for purpose. Craig's current portfolio includes Care360 (aged care quality transparency); CIS (data insurance); Longreach Credit (SME lending); Mackeller Capital (funds management); MuviNow (entertainment rewards platform); SuperFierce (financial empowerment); VentureCapital (alternative investments); Wisr (neolender); and Xinja Bank (neobank). We welcome Mr Swanger to the board.

Cashwerkz Limited

The Cashwerkz Limited group of companies delivers an innovative online cash management marketplace in term deposit and At Call, whilst providing funding to over 49 Authorised Deposit taking Institutions and thousands of financial advisers and direct investors. Listed on the Australian Securities Exchange (ASX: CWZ) the group is headquartered in Australia.

Cashwerkz Technologies

Cashwerkz Technologies Pty Ltd (Cashwerkz Technologies) leverages the latest technology to deliver an innovative and streamlined approach to investing in term deposits and bonds, meeting the growing demand for a trusted, reliable and secure online platform direct investors and financial professionals can manage their defensive assets and transact cash investments seamlessly. Cashwerkz Technologies is a subsidiary of its parent company, Cashwerkz Limited alongside fixed interest solution experts, RIM Securities.

RIM Securities

RIM Securities established 14 years ago, is the independent fixed income specialist arm of Cashwerkz Limited. RIM securities have extensive experience in searching for the value to deliver stable income solutions to all types of investors who require custom solutions or access to wholesale markets across cash, term deposits and fixed bonds and floating rate notes.

Trustees Australia Limited

Trustees Australia Limited delivers trusted, responsible entity services to fund managers and investors requiring bespoke solutions. | @cashwerkz

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