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Non-bank lender SkyCredit Group has appointed Stuart Stoyan as its new CEO, as the fintech seeks to expand its presence in the Australian market.
Stoyan, who officially took the reins in April 2026, brings strong industry experience to the role, having founded and previously led personal lender MoneyPlace as CEO before its acquisition by Liberty Financial in 2018.
He has also held several senior advisory roles across the fintech sector, including serving as chair of FinTech Australia.
As CEO, he leads a group managing a consumer credit portfolio of approximately $100 million.
SkyCredit Group currently operates a multibrand model that includes personal lenders Nimble and Fair Go Finance.
In its announcement, the group said it was looking to scale through expanded partnerships, broader distribution, and deeper funding relationships, building on the foundations of its brands, noting Stoyan’s role in bringing personal loans into the broker market at MoneyPlace.
Stoyan, meanwhile, said he was delighted to be joining as CEO.
“As Australia’s credit market continues to evolve, SkyCredit will further expand its role serving customers who sit outside traditional bank credit settings,” he said.
“There is also an opportunity to support smaller financial institutions through partnership-based and technology-enabled lending solutions. Our focus is on deepening our capabilities and relationships to support that direction.”
The group also said its outlook had been bolstered by ongoing structural shifts in the Australian credit market, where banks are increasingly concentrated on prime segments, creating a growing role for well-capitalised, disciplined non-bank lenders.
“Non-banks in Australia now account for approximately 37 per cent of personal loans, while brokers originate nearly 80 per cent of mortgages,” Stoyan added.
“We see a significant opportunity to further scale personal lending through the broker channel and improve access for Australians seeking faster, more flexible financial solutions.”
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