PEXA has announced the appointment of Nitesh Thadani as its UK chief technology officer to spearhead the development and expansion of its technology platform
Digital property exchange platform PEXA has appointed Nitesh Thadani (pictured) as its UK chief technology officer to spearhead the development and expansion of its technology platform in 2025.
Thadani brings over 20 years of experience in fintech and SaaS businesses, along with a deep understanding of the UK mortgage market. He has previously worked with major UK lenders such as NatWest and Nationwide, focusing on system integrations and advancing digitisation in the property transaction process.
Most recently, Thadani served as interim director of engineering at Mojo Mortgages. His career also includes roles at global organisations such as ThoughtWorks, Barclays, McKinsey, British Gas, Smartr365, and consulting projects across the UK, US, India, and Australia.
Thadani will report directly to Joe Pepper, PEXA’s UK chief executive officer, as part of the company’s UK executive leadership team. He is set to join the business at the end of January.
Thadani’s appointment comes after a year of significant milestones for PEXA in the UK. In October, Metro Bank announced a collaboration with PEXA to enhance its remortgaging process. Earlier in the year, NatWest entered into a strategic partnership with PEXA, joining other lenders such as Hinckley and Rugby Building Society and Shawbrook Bank on the platform.
Additionally, 2024 saw PEXA launch the Future Property Transactions Group, a pilot initiative aimed at fostering collaboration among key stakeholders in the UK property market.
“2024 was a momentous year for the UK business, and Nitesh will play a critical role in our ongoing success this year,” Pepper said. “He will lead on our technology roadmap as we continue to onboard and integrate lenders to the PEXA platform, develop our proposition, and work towards rolling out our sale and purchase offering. His expertise, skillset, and track record of leading data-driven transformation will be invaluable.”
Commenting on his appointment, Thadani said he was excited to play a role in delivering the technology that would enable PEXA to streamline the UK’s remortgaging and homebuying process.
“From open banking to embedded finance, I have had the privilege of witnessing the transformative impact technology can have for businesses and the sectors they operate in firsthand,” he stated. “PEXA has taken great strides to unlock its potential for the mortgage market.”
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