Ying Tan makes substantial investment in Knowledge Bank

Founder and former CEO of Dynamo Ying Tan (pictured above) will join Knowledge Bank as non-executive chairman, after acquiring a significant stake in the company.

In his new role, he will be responsible for leading the Knowledge Bank board, formulating strategy and developing its vision.  

He will also be driving a charge for additional funding in order to continue to scale and accelerate Knowledge Bank’s growth.

Ying will be joined by his former executive assistant, Penny Desborough, who will also take a role on the board as a non-executive director.

“I have always thought very highly of Knowledge Bank, Nicola Firth [CEO at Knowledge Bank] and her team; they are a true disrupter of the mortgage industry, innovating a system that has transformed the way that mortgage brokers search for criteria and the way that lenders themselves both display and use this information,” said Ying.

“Knowledge Bank has really made its name in the mortgage industry, winning multiple awards for technology and innovation with a proven business model. 

“The company is aligned with how I see the future of the mortgage industry; it has exciting plans to expand its services to offer an exciting suite of products to digitise and further transform the way the mortgage industry works."

Nicola added: "It has been an exciting few years for Knowledge Bank as we have led the charge in digitising criteria research solutions. 

“Innovation has been in our DNA from the very beginning and the time is right for us to scale up and bring our plans for the bigger picture into play, and Ying is the perfect partner for us to move forward with.

“He is an incredibly well-respected figure in the mortgage industry; I’ve watched with admiration what he has built up and the remarkable and authentic way in which he has done this.

“We are delighted to have Ying and Penny join our board as we enter another exciting period of growth.

“We look forward to continuing to positively disrupt the market with the same passion and pioneering thought leadership that has revolutionised lending criteria research for both brokers and lenders so far."

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