AUSTRALIAN-owned and operated property and payment transaction platform, Hutly, has welcomed industry pioneer, John Natsioulas as chief technology officer (CTO),
With over two decades of experience across the private and public sector, Natsioulas cemented his reputation during his nine years at industry heavyweight Pexa where he led development and execution of Pexa’s property exchange platform, which facilitated over 85% of online property settlements during his time in the role.
“Property is rife with complexity and inefficiency and technology has a significant role to play in streamlining and simplifying the experience for all parties involved,” Natsioulas said.
“In my role as Hutly CTO, I am focused on building and strengthening Hutly’s technology capabilities and product offering, which I believe will be transformative for the industry. Beyond innovation, transacting with trust is also a core value at Hutly so we are investing heavily in ensuring robust security and compliance frameworks to protect the data and privacy of all our users.”
Hutly digitises the end-to-end contract experience, and powers real-time visibility for all parties at every stage of the transaction.
Hutly founder and managing director, Jeremy Hastings, said the decision to appoint Natsioulas came down to his unrivalled industry reputation and caliber of expertise.
“We are in safe hands with John who has strong pedigree in both payments and leadership from his time at PEXA.
“John’s passion and technical expertise align perfectly with our vision, and under his leadership, I am confident our platform will mature to deliver an unmatched digital experience for all players. As we grow our offering, maintaining trust and confidence is key and John will be pivotal to this through best-in-class delivery and robust, resilient security practices.
Since its inception in 2018, Hutly has grown to service over 47% of the east coast property market with 4,000 agencies on the platform, one million contracts processed per annum, and approximately $18 billion in contract value on platform every year.
In 2021, it acquired the Real Estate Institute of Victoria’s PropertyData platform in a multimillion-dollar deal.