- Premium home lending technology provider Roostify announced the appointment of Bill Elderton as Chief Technology Officer. These are the details.
Premium home lending technology provider Roostify announced the appointment of Bill Elderton as Chief Technology Officer. And Elderton will oversee the design, development, and execution of the company’s innovative technology roadmap.
Known as an 18-year industry veteran specializing in building and growing high-performing product and engineering teams, Bill Elderton comes to Roostify from the second quarter, a digital solutions provider for financial services where he served the past six years as Senior Vice President of Development and Engineering. And as of the second quarter, he most recently led the build of its ‘Banking as a Service’ platform. Before that, he had scaled the second quarter’s core digital banking offering to enable community and regional banks to compete with megabanks.
Elderton is bringing deep fintech experience in line with Roostify’s mission to simplify the home lending experience for all participants. And he joins at an exciting time as Roostify continues to scale its mission-critical digital infrastructure for the nation’s largest banks while delivering innovative capabilities to the home lending industry. As chief technology officer, Elderton will oversee the development and launch of Roostify’s new products that will utilize AI to make the home lending experience faster, safer, and more transparent for all.
Roostify — who recently closed $32 million in their Series C investment round, continues to invest in strengthening the executive team as well as growing the company as a whole. Elderton is the third addition to the executive team in the past few months, following Randy Jones, VP Sales & Business Development, and Roger Fendelman, Chief Compliance Officer.
“Driven by the residential real estate surge of 2020, digital transformation in the home lending space has become a key imperative not just for banks, but for the industry as a whole. It has also pushed mortgage to the top of the fintech space, and I am excited to help Roostify build on our existing partnership strategy of integrating safe and scalable tech to simplify the end-to-end home lending process.”
— Bill Elderton
“We are thrilled to add Bill to our team. With his fintech background and deep experience in scaling software as digital capabilities for banks, we expect Bill to enable our customers to continue to innovate at scale with us. We are excited to bring Bill aboard to lead our technology teams through our next phase of growth.”
— Roostify CEO Rajesh Bhat