Tom Bruce Joins LawFi as Chief Credit Officer | New
JACKSONVILLE, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) — LawFi, Inc., (“LawFi”), the Legal Fintech startup developing the first-of-its-kind legal expense funding platform enabling more inclusive access to legal services legal. Services and Credit, is pleased to announce that Mr. Tom Bruce, former Vice President of Credit, Banking Strategy at Affirm and Chief Credit Officer of First Electronic Bank, has joined our team as an Advisor and Chief Credit Officer.
Mr. Bruce has extensive experience and expertise in the development and implementation of credit policies, models, decision engines and underwriting criteria. He oversaw risk management and risk-based pricing of lending products and managed loan portfolios for a market-leading fintech POS lender, a bank with multiple fintech lending partners, and GE Capital Corporation. He holds an MBA in Accounting from DeVry University University and a Bachelor of Arts in Business Administration from California State University-Fullerton.
Mr. Bruce commented: “I joined LawFi to help people access the legal system through specialized financing with reasonable repayment terms. or lenders who don’t understand the nuances of the legal process. »
Steven Highfill, Founder and CEO of LawFi, commented, “Tom brings to us the perfect combination of digital fintech POS lending, banking, credit risk and underwriting experience. He shares our mission to make legal services more accessible and affordable for everyone. Tom will help our team create the legal industry’s first legal expense loan products.”
About LawFi, Inc.
(“LawFi”) is a private, development-stage legal fintech company focused on developing the first-of-its-kind legal fee financing platform bringing financial inclusion to the legal system. LawFi reinvents and improves the experience of hiring lawyers and paying legal fees. LawFi will help solve the long-standing problem of access to justice. Our platform will generate the industry’s first direct and point-of-service loans, buy-it-now and pay-later options, and no-credit-check financing based on attorney’s fee income and legal fees.
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25 North Market Street, 1st Floor
Jacksonville, Florida 32202
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