Former Foxtons and Marsh & Parsons boss Peter Rollings has joined proptech firm Canopy as an advisor.
Canopy, which offers rent passports providing free referencing products for agents and also tenancy deposit replacement products, has formed a new advisory board.
It will work closely with the Canopy management team to shape the business model.
Rollings, who is also a non-executive director with Viewber, said: “My colleagues on the advisory board and I have been deeply impressed with Canopy’s mission of helping improve tenants’ financial wellness.
“The company has already launched a number of financial products aimed at giving tenants access to affordable, fair and transparent products that fit economically into tenants’ busy lives and/or stretched budgets.
“Canopy’s products will also have a positive impact on letting agents, such as Canopy’s tenant screening product which can reduce tenant screening costs by 85%, and the revenue growth opportunities from innovative financial products and services.
“I am excited about the evolution of Canopy and potential ahead.”
Members of the six-strong advisory board include Vin Murria, a previous non-executive director of Zoopla, and Paul Belson, formerly head of residential investment at Chestertons, and according to his LinkedIn profile a member of the “DCLG PRS Taskforce”.
Tahir Farooqui, founder and CEO of Canopy, said: “I am thrilled to work alongside highly respected industry leaders with deep sector expertise to guide our thinking over the coming years.
“Our mission is to help create a society which promotes rental and financial inclusion – where tenants have a better relationship with money, are able to meet their financial goals and live a healthy financial life.
“We also aim to serve letting agents and landlords who are embracing emerging technologies and recognise tenants, in addition to the landlords, as a customer.
“At Canopy, we are grateful for having the opportunity to work alongside some of the leading names in the lettings agent and build to rent market.”