Lender Money3 has launched a placement and a rights issue, aiming to raise A$19.3 million. The company announced that it would seek $3.3 million via a placement to sophisticated investors and $16 million via a fully underwritten non-renounceable one-for-eight rights issue. The company said it was raising the capital to fund the continued growth of its secured lending business. Last week the company said it was getting out of unsecured lending. Mortgage aggregator AFG has appointed Ben Jenkins to the role of chief financial officer. Jenkins moves to AFG from telco iiNet, where he was financial controller and company secretary. He is a chartered accountant who has had a senior manager position at Ernst & Young. Jenkins replaces David Bailey, who was appointed AFG's chief operating officer last month. CUA has appointed Louise McCann as a non-executive director. McCann has a background in media and marketing. She is currently a director of Macquarie Media Network, Grant Thornton Australia, University of Notre Dame and Chartered Accounts Australia and New Zealand. Blockchain - a model IT disruptor in banking - is the subject of a thorough feature in the Financial Review by James Eyres. Kate Gibson, head of small-business banking for ANZ and a former chief of staff to former head of ANZ Australia head Phil Chronican, receives a profile in The Australian. "Our target is to get every small business on the Xero platform, Xero chief executive Rod Drury declares in an article in the Financial Review hooked on Xero's tie-up with NAB.