Mark Denman Joins Koalafi as Executive Vice President of Business Development, Bringing Decades of Industry Expertise

Koalafi, a financial technology company committed to delivering inclusive financial products, is pleased to announce the appointment of Mark Denman as Executive Vice President of Business Development, effective August 28, 2024. In this role, Denman will report directly to Shawn Sieck, Koalafi’s Chief Revenue Officer. Denman will help drive revenue growth and play a pivotal role in accelerating Koalafi’s trajectory by expanding its market presence and forging new merchant partnerships.

Denman brings over 30 years of experience leading teams and driving growth and innovation in the near and non-prime financing industries. Before joining Koalafi, Mark led sales organizations and client relationship teams at ChargeAfter and Concora Credit (formerly Genesis Credit). Over his career, Denman has helped make lease-to-own financing available to millions of U.S. consumers at top, national, retailers. While President of Genesis Credit, the company became the #1 non-prime lender in the U.S. point-of-sale financing market.

“I’ve spent my career helping improve financial access for the underserved consumer and strongly believe that everyone deserves access to the things they need for a better life, regardless of their financial background. I look forward to working with the talented team at Koalafi to continue driving the company’s mission of financial inclusivity and helping our partners and their customers achieve their goals.”

Shawn Sieck added, “We are excited to welcome Mark to the team. His extensive experience and strong relationships make him the perfect fit to help scale the business. Mark will play a key role in delivering the next phase of growth for Koalafi.”

With Denman, Koalafi is poised to grow its merchant network to deliver innovative financial solutions to more non-prime consumers.