Rhydian Lewis is founder and CEO of RateSetter.
He left Lazard investment bank to start RateSetter.
“I used to work in the City for one of the oldest investment banks called Lazard. They specialise in advising the biggest companies from a financial perspective. I worked in their team that advised banks, asset managers, insurers and stock exchanges.
I love exchanges for their transparency and was really drawn to the idea of creating a money market where the rates were set by the many, not by the few. I got involved in peer to peer finance in particular because I understood how banks work and saw there was a huge opportunity to use an exchange to narrow the spread between what savers earn and what borrowers could pay. I think peer to peer has the potential to take banking full circle – when the agreements were made between people, not banks.”