Steve Malone, CEO of CanCap, Joins the Board of the CLA

PRESS RELEASE
FOR IMMEDIATE RELEASE

Steve Malone, CEO of CanCap, Joins the Board of the Canadian Lenders Association


Toronto, ON – December 21, 2024

The Canadian Lenders Association (CLA) is pleased to announce the appointment of Steve Malone, CEO of CanCap Group, to its Board of Directors. CanCap Group is a leading Canadian financial services company specializing in lending and servicing across multiple verticals.

Gary Schwartz, CEO of the Canadian Lenders Association, welcomed the news:
“Steve Malone is an exceptional leader with a profound understanding of the lending landscape. We have worked closely with Steve and his team for over five years, and we are thrilled to have him join us as we continue to drive growth and innovation in the Canadian lending sector.”

Steve Malone will focus on advancing the CLA’s automotive strategy and will play a key role in the upcoming Automotive Finance Canada Summit, scheduled for February 11, 2025. Held in partnership with the International AutoShow, the event will bring together industry leaders to explore emerging trends and opportunities in automotive finance. To register and learn more, visit https://financeevents.ca.

Steve Malone shared his thoughts on joining the board:
I’m honored to contribute to this mission and to help ensure the CLA continues to meet the evolving needs of its diverse membership base. From consumer to SMB, Automotive and Mortgage the CanCap group is excited to continue to foster leadership and innovation in the lending industry. “

About the Canadian Lenders Association (CLA)
The Canadian Lenders Association (CLA) is the leading voice for lenders in Canada, representing over 300 member companies across diverse sectors, including fintech, automotive, small business, consumer lending, and more. The CLA is committed to fostering innovation, collaboration, and best practices within the lending industry.

For more information about the Canadian Lenders Association, visit www.canadianlenders.org.


About CanCap Group
CanCap Group is a privately-owned Canadian financial services company providing lending and servicing capabilities across multiple verticals. Specializing in direct-to-consumer and indirect lending channels, CanCap’s expertise spans automotive finance, consumer unsecured lending, and merchant lending. The company also supports operations in mortgage, credit card, and small business lending services.

For more information about the CanCap Group, visit www.cancapgroup.ca .