the adviser logo

Apricity appoints COO

by Kate Aubrey5 minute read
Michael Paredes

Invoice finance lender Apricity has announced the appointment of Michael Paredes as chief operating officer.

Michael Paredes stepped into the head role, in June 2022, as chief operating officer (COO) of Apricity Finance Group Pty Ltd, bringing with him 25five years of experience in financial services and specialising in international trade, invoice/debtor finance and working capital management. 

To continue reading the rest of this article, create a free account
Already have an account? Sign in

Welcoming Mr Paredes to the new role, Apricity Finance chief executive Linden Toll said Mr Paredes’ appointment marked the start of an “exciting new chapter” for Apricity as the company moves to rebrand.

Mr Toll said Apricity will be focussing on how they can support businesses to “power their growth”, adding Mr Parades was a great fit for the business, bringing with him a wealth of experience and a great vision for the future. 


Excited to be taking on the role, Mr Paredes said his goal was to make Apricity Finance an undisputed leader” in the alternative finance market.

“I am excited to be part of a dedicated team of professionals who really understand their business and how their product can transform the cash flow of SMEs in Australia and New Zealand,” Mr Paredes said.

“Apricity is in great shape, and I am looking forward to exploring how we can expand our reach, kicking off with the brand relaunch in August.” 

The lender specialises in invoice finance (or debtor finance), to allow approved businesses to have the invoices to their high credit quality customers “paid faster”, which it said reduces frustrating wait times and provides cash flow certainty. 

The group has offices in NSW’s Southern Highlands, Brisbane, Melbourne and Auckland.

Apricity appoints COO
micheal paredes reb
TheAdviser logo
micheal paredes reb

Kate Aubrey

Kate Aubrey


Kate Aubrey is the senior content producer of The Adviser and Mortgage Business. Previous to joining Momentum Media, Kate covered regional and breaking news for ABC Radio.


You need to be a member to post comments. Register for free today


sam jolley elders ta iwsfut

Elders welcomes 1st national growth and asset finance manager

Elders Home and Commercial Finance, the independent broking arm aligned with the real estate network of Elders Ltd,...

rael ross butn ta rerexr

Butn achieves record originations in July

Cash flow financier Butn has released a trading update, revealing that its 2023 financial year commenced with a new...

daniel tuttlebee resimac asset fInance ta l27zun

Resimac takes controlling stake in Sonder

Resimac Asset Finance has expanded its acquisition stake in equipment finance business Sonder Equipment Finance...

Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more