Barclays appoints Lucy Demery as Managing Director to cover Fintech clients in Europe, the Middle East and Africa

21 May 2021

Barclays Investment Bank today announces the appointment of Lucy Demery as a Managing Director, responsible for the coverage of Fintech clients across Europe, the Middle East and Africa.

She will work with Barclays coverage, country and product teams, as well as Joel Fleck, in his role as Global Head of Fintech Banking, to broaden and deepen coverage of European fintech clients and identify global market opportunities. She will also collaborate with Barclays Corporate Banking and Private Bank partners to help deliver the full suite of Barclays capabilities to fintech clients. In addition, through Barclays Rise platform, Lucy will form partnerships with fintech innovators and start-ups, identifying opportunities where these companies can add value to our clients.

Lucy joins Barclays from Standard Chartered Bank where she was Global Head of Fintech Banking and played a leading role in defining and developing strategic partnerships with fintech clients and investors across the bank. In this role she responsible for the origination and execution of strategic transactions across M&A, capital raising, leveraged finance, capital markets and transaction banking products. Prior to Standard Chartered, Lucy was an investment banker at J.P. Morgan and an M&A lawyer at Cravath, Swaine & Moore LLP. During her career, Lucy has been involved in a number of notable transactions, including SoftBank Vision Fund’s investment in C2FO, SingLife’s merger with Aviva Singapore, Grab’s pre-IPO financing, Blackstone’s acquisition of Refinitiv, securitisations for Funding Circle and Zopa, as well as fintech partnerships with Adyen, Airwallex, Ant Group, Facebook, Stripe and Visa.

She joins Barclays in July 2021 and will report to Joel Fleck, Co-head of FIG Banking, Americas and Global Head of Fintech Banking.

Tim Main, Global Head of FIG Banking commented: “The fintech space has grown substantially over the past few years, starting in the US and now extending across Europe which is seeing the emergence of new companies quickly reaching the point where they need investment banking support. Now is the time to increase the breadth and depth of our fintech coverage in Europe.”

Reid Marsh, Head of Banking, Europe, Middle East and Asia Pacific commented: “This hire in a fast growing sector demonstrates our continued investment to further strengthen our European banking capabilities.”