Lending Platform Orion First Appoints CTO

Lending platform Orion First hired Paul Marcoe as its Chief Technology Officer.

Marcoe joins Orion from Financial Pacific Leasing where he was the vice president of information systems and security where he spent 20 years spearheading the direction and development of several campaigns to update and improve internal systems.

“Paul is a talented Information Technology executive with proven industry experience.” said David T. Schaefer, CEO of Orion First. “His robust skillset, numerous successful projects managed and overall IT vision make him a perfect fit to lead technology initiatives here at Orion.”

Orion is a third-party servicer in small business commercial finance marketplace. In 2014, they secured a relationship with Raisworks, an online direct lending platform that connects small businesses with institutional lenders looking to lend directly to private businesses.

During a 2015 conference panel, Orion First CEO David Schaefer had said that humans should still play a role in underwriting.