Meet the team


An experienced team committed to helping Australians do better, together.

Daniel Foggo, CEO Australia

When working in banking, Daniel identified an opportunity to utilise advances in technology to disrupt the consumer finance sector and offer consumers a fairer way to invest and borrow. He established RateSetter in Australia in 2012 shortly after meeting Peter Behrens and Rhydian Lewis.

Daniel previously worked in investment banking at Barclays in Sydney and at Rothschild in London. He holds a Bachelor of Commerce (with Honours) and a Master of Business (with Distinction) in Economics and Finance.

Daniel was named FinTech Leader of the Year at the inaugural Australian Fintech Awards in 2016 and named Fintech Entrepreneur of the Year at the Australian FinTech Business Awards in 2017.

Mark Woolnough, Head of Third Party Distribution

Mark is one of the leading and most well-regarded financial services leaders in Australia, having held senior positions in retail banking sales and distribution for over 20 years.

Prior to joining RateSetter, Mark had an 18-year career at ING, helping to develop and grow the bank’s domestic presence with primary responsibility for the distribution of mortgage and wealth products across both direct and third-party channels.

Mark is a regular participant and contributor to financial services initiatives and discussions, focusing primarily on consumer outcomes and the important contribution made by finance brokers to the Australian financial services sector.

Simon Cordell, Head of Credit Risk

Simon is responsible for RateSetter’s credit risk management, with primary responsibility for ensuring that the Provision Fund is sufficiently capitalised to be able to protect investors from borrower late payment and default on an ongoing basis.

A highly experienced senior risk executive, Simon has over 20 years’ experience in consumer and small business lending risk management across Australia, New Zealand, and the United Kingdom. Most recently he was Head of Consumer Risk and then Head of Small Business Risk at American Express Australia, responsible for the full credit life cycle from origination through to collection.

Simon holds a Bachelor of Science.

Natalie Housson, Chief Financial Officer

Natalie has extensive global finance experience across fintech, e-commerce and retail banking.

Natalie held a number of senior finance leadership and transformation roles with eBay and PayPal during a period of significant growth, working across Europe, the USA and Australia. Most recently, Natalie was Executive Manager at the Commonwealth Bank of Australia’s retail banking services division.

Natalie holds a Bachelor of Arts (with Honours) and is a member of both CPA Australia and CIMA.

Glenn Riddell, Chief Operating Officer

Glenn has broad experience in building and advising disruptive finance platforms.

Glenn has been involved in the peer-to-peer lending industry since 2007 and was named CTO/CIO of the Year at the 2016 Australian FinTech Awards. He started his career as a consultant, advising listed and private companies, not-for-profits and startups on strategy and technology.

Glenn holds a Bachelor of Commerce and a Master of Commerce (with First Class Honours) in Economics and Finance.

Ben Milsom, Chief Commercial Officer

Ben has diverse experience in financial services and online strategy, well practiced in high-growth digital ventures.

A long time peer-to-peer champion, Ben co-founded Nexx New Zealand with responsibility for regulatory compliance processes, public relations and marketing strategy. Previously, Ben was a principal at Boston Partners providing advisory services in digital strategy, marketing and online product development. Clients included corporates, government agencies, listed companies and VC funded start-ups.

Ben holds a Bachelor of Laws (with Honours) and a Bachelor of Engineering (with First Class Honours) in Computer Systems. Ben is admitted as a Barrister and Solicitor of the High Court of New Zealand.

Sebastian Paulin, Head of Marketing

Sebastian has established a strong track record enabling start-ups and challenger brands to achieve critical scale, fast.

Experienced in developing Customer Acquisition, Retention and Engagement (CARE) programs, Sebastian has led digital strategy at a number of growing enterprises. Sebastian has extensive financial services experience, most recently as Head of Digital at NobleOak Life Limited and previously at Accenture and Deutsche Bank.

Sebastian holds a Bachelor of Law (with First Class Honours) and a Bachelor of Commerce in Marketing.

Robert Bishop, Responsible Manager

Robert is responsible for overseeing RateSetter’s compliance with its regulatory obligations and chairs the RateSetter Compliance Committee.

Robert has significant experience acting as a responsible manager for Australian financial services licence holders and has over thirty years of legal, financial and compliance experience, gained at firms including Linklaters & Paines, Allen Allen & Hemsley, Ord Minnett and Robert Fleming.

Robert is an Executive Director of ASX-listed PharmAust.


The directors of RateSetter Australia Pty Limited are Vaughn Richtor (Chairman), Daniel Foggo, Peter Behrens, Martin Dalgleish, Rob Chaloner, Neil Brown and Adrian MacKenzie. The directors of RateSetter Australia RE Limited are Daniel Foggo, Ben Milsom and Glenn Riddell. Biographies of the non-executive directors are below.

Vaughn Richtor

Vaughn is one of Australia’s most experienced and well-regarded retail banking executives. He recently retired as CEO of ING Direct, which he launched and helped grow to become Australia’s sixth largest retail bank over the last two decades. Vaughn also has extensive banking experience across Asia, where he has led ING Group’s commercial and retail banking operations and served as CEO of ING Retail Banking Asia.

During his tenure at ING Direct, Vaughn launched Australia’s first branchless bank model. Beyond his track record for driving significant innovation in banking, Vaughn became well known for his pro-consumer stance, his commitment to delivering exceptional customer experiences, as well as his expertise in corporate culture and leadership.

Peter Behrens

Peter co-founded the RateSetter group with Rhydian Lewis in the UK in 2009 and is one of the world’s most experienced peer-to-peer lending executives.

Peter was disillusioned with banking’s failure to serve the British public and jumped at the chance to define the principles of a company that would disrupt the sector. Working in finance, he had recognised the inefficiencies of the big institutions and was compelled to give people a tool that put them back in control of their own money.

Peter leads the commercial team of the RateSetter group in the United Kingdom and previously worked at the Royal Bank of Scotland and Ashurst in London.

Martin Dalgleish

Martin is an experienced Australian company executive, director and investor.

He holds over 25 years’ experience in technology, consumer, telecoms and media with leading brands including Publishing and Broadcasting Limited, Singtel Optus Pty Limited, Dixons Retail Plc, The Rank Organisation Plc, PepsiCo Australia Holdings Pty Ltd and IBM Australia Limited.

Rob Chaloner

Rob is the Managing Director of Stratton, Australia’s largest car finance broker, which he founded in 1998. Rob has overseen the growth of Stratton from a one-person finance broker to one of Australia’s most innovative finance providers, offering finance and insurance solutions for cars, commercial vehicles, boats, property and equipment to over one million online Australians a year. Rob brings particular expertise in customer service and a passion for disruptive technologies.

Rob is the board representative of Stratton and of Carsales Ltd, which owns 50.1% of Stratton. Rob’s alternate on the board is Toby Simmons, CEO of Stratton.

Adrian MacKenzie

Adrian is the founder and a partner of Five V Capital, a private equity firm that invests in leading mid-market Australian and New Zealand businesses with strong growth potential.

Adrian is a highly experienced investor with over 20 years’ private equity experience and has successfully led and managed Five V’s investments including Ascender, Madman Film & Entertainment, Unified Healthcare Group, Canva and Siteminder.

Prior to Five V Capital, Adrian was a Managing Partner and board member at leading global private equity firm CVC Capital Partners, where he helped found the Asia Pacific and Australian offices.

Adrian is also a board member of Carriageworks, the contemporary multi-arts centre based in Redfern, NSW.

Neil Brown

Neil is Head of Private Equity at Federation Asset Management, an investment firm that invests in renewable energy, real estate and growth businesses.

Prior to Federation Asset Management, Neil was a Division Director within Macquarie Group’s Corporate and Asset Finance Principal Finance team, the balance sheet investment arm of Macquarie Bank. He has more than a decade’s experience in investment, investment management and corporate advisory across a wide range of sectors, including energy, infrastructure, transport, financial, and real estate.

Neil’s alternate on the board is Cameron Brownjohn, Chief Executive Officer of Federation Asset Management.