Roostify Expands Advisory Board with Investment Virtuoso

February 7, 2019 GMT

SAN FRANCISCO--(BUSINESS WIRE)--Feb 7, 2019--Roostify, the San Francisco-based digital lending platform provider, announced today the addition of financial services consultant Marshall Lux to its advisory board. Lux, a distinguished consultant, advisor and educator, brings more than 30 years’ experience in private equity to the rapidly expanding business and reflects Roostify’s commitment to perfecting a scalable operational model and further developing an ecosystem of technology partners and strategic alliances.

“We are extremely excited to have Marshall join the Roostify advisory board,” said Roostify CEO and co-founder Rajesh Bhat. “Marshall’s years of experience in the financial services space, and in consumer credit in particular, has helped to establish him as a thought leader in our industry. We expect to benefit from his unique insights and perspective on the space as we continue to build products and offerings that transform the home lending space. We look forward to collaborating with Marshall to bring a superior homebuying experience to even more banks and consumers.”

Lux said: “I’m excited to work with such a dynamic company. In just a few short years, Roostify has become a preeminent digital mortgage lending platform, radically transforming the standards of the home loan experience in its wake. I look forward to being a part of the Roostify team at this critical juncture to advance the company’s ambitious growth strategy.”

Previously an executive for BCG, Chase and McKinsey, Lux has completed more than 35 pro-bono projects for charities and non-profits. He is a senior fellow at Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School and his papers have been cited in the Financial Times, the Wall Street Journal and the New York Times.

Launched in 2014 with the aim of speeding up the mortgage process and eliminating paper-bound inefficiencies, Roostify is an enterprise-class digital lending platform used by lenders across the US to accelerate, simplify, and reduce costs surrounding the origination process.

About Roostify

Founded by consumers looking for a better way to find a home, Roostify provides the industry’s leading digital platform for home lending. From large global banks to leading independent mortgage banks, dozens of lenders across the United States trust Roostify to speed up closings, reduce unnecessary work, and give their customers a smooth, anxiety-free mortgage experience. Since 2014, Roostify has transacted billions of dollars in mortgages and helped close hundreds of thousands of home loans nationwide. Roostify is backed by several top banks and investment groups, and is headquartered in San Francisco.

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SOURCE: Roostify

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PUB: 02/07/2019 08:00 AM/DISC: 02/07/2019 08:01 AM