Stryd recruits Cheok Lee as Head of Product to boost broker and lender offerings
Wednesday, 26 February 2025, Perth — Stryd, the flagship brand of Perth-based open banking fintech Moneycatcha, has recruited Cheok Lee as Head of Product, as it continues to boost its digital data-led solutions for mortgage brokers, aggregators and lenders.
Mr Lee is a dedicated product leader with over a decade of experience in banking, payments and fintech, including senior roles at NAB and Visa. He has also worked in the UK for fintech scale-ups Freetrade and Moneybox, both utilising open banking.
In this newly created position, Mr Lee will be based in Melbourne and will work closely with Moneycatcha’s founder, Ruth Hatherley, to boost the business’s product roadmap.
“Stryd is committed to delivering great fintech solutions for the Australian mortgage market,” Ms Hatherley said.
“The recent rate cut means that every borrower has interest rates top of mind and lenders are sharpening their pricing. For mortgage brokers, the trail book is even more at risk to a competitor refinancing than before,” she continued.
“We’re excited to have Cheok filling this newly created position at Stryd. With his strong background in open banking and fintech, and passion for product, he’s a great fit for our team,” she said.
Mr Lee will also work closely with Travis Hurst, Stryd’s Head of Delivery, who joined the fintech last year from digital home loan platform Tiimely.
“With the help of Travis in the delivery role, I’m looking forward to getting more great features and fintech capabilities into the hands of mortgage brokers, aggregators and lenders,” Mr Lee said.
In August last year, Moneycatcha secured $1.5 million in fresh funds to target opportunities in the mortgage market arising under the Consumer Data Right (CDR) reset. This includes strategic hires and accelerated growth plans.
“With further interest rate cuts predicted later in the year, and CDR ramping up, 2025 is going to be a big year for Stryd,” Ms Hatherley concluded.
About Stryd
Stryd is an open banking-enabled fintech platform designed for home loan lenders and mortgage brokers.
Its flagship “Stryd Broker” product enables faster identification of new growth potential through trusted risk and loan data services, utilising a unique, holistic approach to storing and categorising mortgage data in a “Home Loan Repository.” It works seamlessly with existing technology stacks.
Stryd enables improved lending risk assessment and pricing for responsible loan book growth.
The platform also empowers organisations to meet fast-changing regulatory compliance requirements, such as Target Market Determination under ASIC’s Product Design & Distribution Obligations (RG 274).
More information: Please visit www.stryd.au or email sales@stryd.au to learn more.
