Evolution Money – part of the Darwin Group – is expanding its Manchester-based operations with employee numbers set to exceed 200.

The lender has announced 29 new roles following a £100m funding injection earlier in the year, when Evolution Money revealed its plans for further growth in terms of both its financial product portfolio and its staff base.

The business offers customers secured and unsecured loans through both Evolution Money and its sister brand Progressive Money.

Since its launch in 2011, the Darwin Group has amassed a substantial loan portfolio with lending exceeding £140m.

The business is looking to fill vacancies in newly established director-level roles all the way from entry level to management roles in business development, compliance and quality, customer services and finance.

It currently employs over 170 people at its Portland Street office.

"We are entering an exciting new phase following our funding injection earlier this year, delivering upon our stated intention to accelerate our growth plans, becoming a leading UK consumer finance brand that offers an alternative to the high street banks and other loan providers,” said Mat Beaver, managing director of Darwin Group.

“It has always been our intention to bolster our Manchester headquarters and build a team that is based in the city where we were founded. 

“We have invested in a state-of-the-art office, staff learning and development as well as a series of employee benefits to support colleagues both at work and at home and we are looking forward to welcoming new faces and growing our business further.”