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Charles Do joins Best Egg team to automatically develop secured loan products

Charles Do joins Best Egg team to automatically develop secured loan products

Company continues to add new products to its innovative financial platform

WILMINGTON, Del.May 26, 2022 /PRNewswire/ — Marlette Holdings, Inc., a leading financial technology company that operates the financial platform Best Egg, today announced that Charles Do has joined the company as Head of Auto Lending. He will lead the overall strategy for an emerging auto loan product as part of the company’s growing line of innovative financial products and tools.

“Our Best Egg customers have cars and look to us for financial products that meet their needs,” said Bobby Ritterbeck, President of Personal Loans at Best Egg. “Charles’ in-depth experience is exactly what we need to help us reshape the auto loan category and customer experience. We’re incredibly excited to welcome Charles to our team and bring something new to borrowers.”

Since its launch in 2014, Best Egg has focused on helping people feel more confident about their finances by providing them with quick, easy and convenient ways to pay for things beyond their everyday needs, especially when they are limited. have savings to cover unplanned expenses. Best Egg personal loan products have experienced tremendous growth in the past two years, with an acceleration of $12B until $18B of loans with solid credit performance. The company has also diversified its offerings, introducing the Best Egg Visa credit card and the free Best financial health of eggs tool in 2021 and the announcement $225 million in equity financing in March 2022

“I have been impressed with the track record of success and growth, and the leadership’s focus on cultivating and maintaining a strong corporate culture,” said Do. “My goal is to develop a unique product within the automotive industry that meets the needs of our customers. I know that Best Egg has the technology, platform and team to do something different with car loans, and I look forward to lead this effort.”

Do brings 14 years of auto loan experience to the team, most recently he was Managing Director, Head of Auto Remarketing at JPMorgan Chase where he spent nine years. He has held other leadership and finance roles at Ally Financial, GE and Lockheed Martin. He also serves on the Board of Directors of the Sino-American Planning Council, the largest Asian-American nonprofit social services organization. Do holds a bachelor’s degree in business and philosophy from Bellarmine University in Louisville, Kentucky

Best Egg continues to grow, adding hundreds of new members to its team. Learn more about open positions on the Best Egg Career Page

About Marlette Holdings, Inc.
Marlette Holdings, Inc. is a leading provider of financial technology whose subsidiaries develop and operate Best Egg, a financial health platform that provides credit products and resources aimed at helping people gain confidence in managing their day-to-day finances. Ever since March 2014Best Egg has been delivered $18 billion in personal loans for consumers with strong credit performance, welcomed 209,000 members to the recently launched Best Egg Financial Health platform and empowered more than 57,000 cardholders to have the new Best Egg credit card in their wallets. For more information visit www.bestegg.com

SOURCE Dear Egg