Exclusive FNG… FNG has learned that online retail savings company Flagstone has hired Arman Tahmassebi, as the company’s new Chief Operating Officer (COO).

Arman Tahmassebi has spent the past five years as COO of online mortgage platform LendInvest. Prior to joining LendInvest in 2019, Arman spent 19 years in the FX and CFD trading industry, including 14 years as IG Group, ending his tenure at IG in 2014 as Global Head of Operations. After a brief stint as COO at London Capital Group, Arman served as CEO of ETX Capital from 2017-2019.

Since launching in 2015, Flagstone has grown to become the UK’s largest cash savings platform based on the number of banks and savings accounts on its panel. Today, Flagstone’s assets under management are in excess of £11 billion, held on behalf of 600,000 private, corporate and charitable clients. The company recently received a £108m investment from Estancia Capital Partners.