Outsourced Risk Management for My Community Finance

My Community Finance had ambitions to significantly grow its lending and give everyone access to fairly priced products through its Credit Union network.

Vestigo have partnered with My Community Finance since 2018 and engaged on an outsourced basis, working closely with the senior leadership team to deliver best practice risk management.

The long-term collaboration with Vestigo enabled My Community Finance to rapidly build the credit risk infrastructure the business needed and allow the management team to focus on building the wider business. Vestigo have supported the business throughout their growth period, helping to reach significant milestones along the way:

• £250m disbursed
• 1 minute app-to-loan disbursement
• Largest UK credit union loan book
• £160m total loan portfolio

For more information on how Vestigo supported My Community Finance, read the full case study and testimonial.