DigniFi, a fintech company specializing in access to automobile repair financing, on Tuesday announced the appointment of Andrew Hill as chief credit risk officer.

Hill brings over 15 years of consumer lending and artificial intelligence-driven underwriting expertise, having previously led credit transformations at Octane Lending and Above Lending.

Hill joins DigniFi following his leadership role at Octane, where he drove remarkable growth and risk optimization. Under his guidance, annual originations expanded five times to $1.2 billion while reducing loss rates by nearly 50%.

Management highlighted Hill’s experience includes expansion into automotive and powersports financing, categories central to DigniFi’s core mission of providing accessible repair financing solutions.

Throughout his career, Hill has securitized more than $2 billion in loans, achieving AAA ratings from S&P and KBRA, and partnered with Tier-1 banking institutions.

“Andrew’s proven ability to scale consumer lending operations while reducing risk is exactly what DigniFi needs as we expand our market leadership in vehicle service financing,” DigniFi CEO Neeraj Mehta said in a news release.

“His experience growing Octane’s financing business 5x while cutting losses in half demonstrates the disciplined growth approach that will accelerate our mission of making repairs, warranty coverage and preventative maintenance, accessible to more consumers,” Mehta continued.

Hill’s appointment comes as DigniFi continues to scale its innovative vehicle service financing platform. The addition strengthens DigniFi’s leadership team following recent appointments, including CFO Eileen Cavanaugh and three new board members in January.

Hill will be based in New York and will report directly to Mehta.

“DigniFi’s technology-forward approach to service financing represents a massive opportunity to serve underbanked consumers while building a profitable business,” Hill said. “I’m excited to help DigniFi become the definitive leader in this critical market segment.”