Bamboo Auctions, a property auction technology firm, has appointed PropTech and FinTech heavyweights Gary Barker and Rob Barnett to its board.
Bamboo currently provides an online auction platform to over 1,100 estate agents and auctioneers across the UK, including Bradleys, Stags, Webbers, Fisher German, Carter Jonas, Jackson-Stops, Michael Graham and Hunters.
Using the platform, agents can control, list, and manage their own online auction service adding value to their customer proposition and income streams. To date, Bamboo agents have sold close to £1 billion worth of properties using the platform.
Barker is a well-known industry expert with over 20 years’ experience in property technology. He was former chief executive at Reapit and a senior figure at Countrywide and PropTech firms Nurtur, COHO and ViewMyChain.
Barnett is a highly experienced FinTech specialist who has spent much of his career working in large international businesses including Friendslife, Kingfisher, RBS Insurance, Direct Line, and more recently NED at ContentCal and chairman at Detected.
Together with chief executive Robin Rathore and chairman Nicholas Leeming, Barker and Barnett will help advise and guide Bamboo Auctions’ strategic direction.
Rathmore says: “Bamboo Auctions and our agent customers will greatly benefit from both Gary and Rob’s experience and expertise in scaling companies, particularly tech businesses in the property sector. As we further cement our position as the leading provider of agent focussed, online auction technology, we are continuing to invest heavily in our technology solutions with lots of exciting initiatives and products in the pipeline. Both Gary and Rob will be vital in supporting us to continue to deliver the best quality of service and products in the market.”