Joust Appoints John Maxwell as Head of Sales

Joust Appoints John Maxwell as Head of Sales

Wednesday 18th November 2020, Sydney: Australian fintech company Joust, Australia’s leading
online home loan auction marketplace, is pleased to announce the appointment of John Maxwell as
its new Head of Sales.

Mr Maxwell will be responsible for expanding the company’s customer base and increasing brand
engagement for both its Joust Instant Match and Joust Marketplace products across the broker and
lender sectors.

Joust CEO, Carl Hammerschmidt said, “We welcome John to the Joust team. His great track record
of building businesses, exceptional network and depth of knowledge of the mortgage industry make
him the perfect fit for this role.

Prior to Joust, Mr Maxwell spent two-and-a-half years as NSW and ACT Partnership Manager with
Victorian Mortgage Group, and 13 years with the Alpha Group prior to that. He has 20 years’
experience in the mortgage and lending industry.

Mr Maxwell said, “I am excited to be joining the Joust business, and look forward to building out its
partner base and working with the rest of the team to really grow the business.

“Joust is a game changer. The platform not only provides a stronger digital route to market for
lenders and brokers, but most of all, ensures the right customer is being offered the right loan at
exactly the right time.

“I really look forward to working with our lender and broker partners on getting the most out of the
platform and helping them grow their businesses.”

With the ongoing strengthening of the Joust team through this appointment, Joust Founder Mark
Bevan will use the opportunity to step back from the business after almost six years.

“The team is in terrific shape now,” Mark Bevan said. “I see this as the perfect opportunity to step
away from the Joust business. With the timing in the run up to Christmas, it gives me the chance to
enjoy my first holiday since 2015 - such is the life of a fintech start-up founder!"

Mr Hammerschmidt said,“As one of the co-founders of Joust, Mark has been a key part of the business over the past six years. He has worked tirelessly to get Joust to where it is and has set the business up well for future success. I would like to thank him for his tremendous contribution and passion and wish him all the best for the future.”

Mr Maxwell will focus on growing the customer base for both Joust’s Auction Marketplace, and its
Instant Match service, and helping lender and broker partners grow their businesses.

Joust Instant Match is for consumers who want to instantly assess their options and connect with an
expert quickly. Joust Instant Match allows customers to connect with up to three service providers
and quickly assess their home loan requirement against different home loan products. Effectively,
taking them off the market quicker.

As brokers look to scale beyond their network and develop digital reach, the demand for
targeting specific qualified audiences will continue to grow. With Joust Instant Match brokers are
able to reduce their upfront time and capital commitment - either through an agency or their own
internal resources - to achieve strong digital reach.