Spring Oaks Hires Priya Nihalani as Head of Product

RICHMOND,
Va. — Spring Oaks Capital, LLC has hired Dr. Priya Nihalani as Head of Product. She will report to Chief Technology Officer
Paul Hurlocker.

Priya
joins from Calabrio where she served as a product leader. She was focused on pivoting Calabrio’s
analytics product portfolio strategy
to improve market alignment and incorporate machine learning-driven capabilities. Priya is a recognized product
leader and 
entrepreneur.
She earned a Ph.D. from The University of Texas at Austin in data-driven
design of technology-based environments.
Priya specializes in new product discovery and

leveraging data science to optimize and grow products that users love.
She is motivated to
design consumer-focused, market-driven solutions that are optimized using data insights.

Spring
Oaks Capital is deeply rooted in compliance, technology, and serving as a consumer-centric partner to its
stakeholders. In her new role, Priya leads the design of all Spring Oaks Capital’s technology products by converging our industry-leading user
experience, data, and machine learning
capabilities.

Paul
Hurlocker stated, “We are excited to add someone of Priya’s caliber to the
Spring Oaks Capital leadership
team. The product leadership role she fills is critical in achieving the consumer-centric mission we are undertaking.”

Priya
added, “I am humbled and delighted to be a part of the amazing team here at
Spring Oaks Capital. I cannot wait to
continue building on what they have already accomplished as we grow. My role is focused on
developing new strategies and innovative data-driven technology solutions
that give us a competitive advantage.”

About Spring Oaks Capital, LLC

Spring
Oaks Capital is a national financial technology company, focused on the
acquisition of credit portfolios.
The Company subscribes to an employee and consumer-centric operating philosophy that creates
high-value jobs, a significant performance lift, and the highest standards of compliance. Spring Oaks’ business strategy
is rooted in innovative data-driven
technology to maximize collection results and a contact platform that offers multi-channel options to meet each
consumer’s communication preference. Spring Oaks has the management vision and experience to nurture a culture and DNA that is unique in 
the
space. The executive team maintains deep experience end-to-end across the
consumer finance lifecycle with
some of the largest global banks and innovative FinTech platforms. To learn more about Spring Oaks and our
revolutionary FinTech platform, please visit www.springoakscapital.com.