Momenta Finance names Tim Boag as CEO

Momenta Finance has appointed Tim Boag as Chief Executive Officer, effective 1 September 2025, as the company accelerates its plans to scale its SME lending platform nationwide.

Boag brings with him more than 35 years of experience in financial services in a career spanning major UK banking institutions and specialist lenders.

Most recently, Boag served as Group Managing Director of Business Finance at Aldermore Bank, where he led the commercial lending portfolio, driving strategic initiatives, delivering growth and strengthening credit performance.

His prior leadership roles include senior positions at Royal Bank of Scotland and NatWest, including Managing Director, Corporate & Commercial Coverage for London & South East, and Managing Director, Structured Finance, UK.

Momenta Finance provides technology-enabled funding solutions to SMEs across the UK and under Boag’s leadership plans to expand its product offering, deepen its use of technology and data-driven decision-making, and extend its reach to support more businesses across a broad range of sectors.

“We are delighted to welcome Tim as CEO at this pivotal moment in our growth journey,” said Jonathan Stern, CFO of Momenta Finance. “Tim’s appointment reflects our commitment to ambitious expansion, continuous innovation, and our mission to empower UK SMEs with the capital they need to thrive.”

Tim Boag commented: “I am excited to join Momenta Finance at this key point in its evolution. I look forward to contributing to its ambition to become the UK’s leading non-bank SME specialist lending platform.”