Q&A Sessions with Kobi Gur, CEO of Fintech firm Leverate

Noam Stiekema

Kobi Gur, CEO of Fintech firm Leverate sits down for a Q&A session to discuss his personal journey into the industry and his views on where the industry is headed.

Kobi Gur CEO Leverate

Welcome to an exciting and cutting edge new series on FinanceFeeds.

“Industry Influencers” takes a look at the entrepreneurs and companies which are making great steps in the FX and electronic trading industry in terms of innovation, creativity and leadership.

In the first part, FinanceFeeds sits down with the CEOs of this industry to find out more about them, how they got where they are today and what their thoughts are on the way that this business will move forward.

Full name: Kobi Gur

Company: Leverate

Time with company: 1 year

Years in the industry: 1 year

City of residence: Kfar Saba, Israel

Tell us a little about yourself

I came to Leverate a year ago after having spent five years at Playtech, where I fell in love with the gaming industry. I worked there in everything from projects to R&D, regulation, product and operation.

Before that I worked at Amdocs, where I performed several customer-facing roles and before that, I had a 9 year career in the army. I am 46 years old, I am married and I have three children, a 12 year old girl and 16 and 19 year old boys.

What was your journey like to get to where you are today?

I had two great schools during my professional career. I learned everything I needed to know about operations at Amdocs, while Playtech was a great teacher of business, especially online business.

I came to Leverate armed with this broad knowledge provided by big-scale companies and it has served me well in helping Leverate establish itself as a leader in an industry that is growing in leaps and bounds.

What are some of the things you enjoy outside of work?

I like movies; old, espionage movies especially. I’m also a gamer and I’m pretty good at FIFA. I love different cultures. Traveling has allowed me to get to know and understand other cultures and even when I travel for work I make the time to speak with the locals, to sample the local food and local beer.

I’ve been to North America, most of Europe, India, the Far East and I love seeing the contrasts.

One word that describes you?

More so than a word, a motto: “A man’s word counts”. I inscribe to this motto for everything I do, whether personal or business. I believe in being honest, in keeping one’s word, in doing your best to keep the commitments you’ve made, to others, but especially to yourself.

I am someone who trusts easily, but if that trust is broken, it is almost impossible to get back.

What was your biggest challenge to date that you’ve had to overcome?

A number of years ago I was involved in a big scale project with a major client. We got way in over our heads and everything from the P&L to the scope of the project, to the timeline and the commitment of time and human resources seemed impossible to achieve.

We got off to a rocky start and the road was treacherous. After a year and a half of hard work, we finally got onto the right course and we delivered about 6 months later.

Being involved in something so big and so challenging taught me that no matter how big or how small a project is, you should always evaluate periodically in order to get perspective. I also learned that it is failure that is the best teacher, not success. I also learned that there is no better critic of you than yourself.

What are your thoughts on where the industry is heading?

I see the industry undergoing significant changes, mainly caused by regulation, which is getting stricter, fiercer and wider. We are also going to see marketing costs getting higher and huge pressure on revenues, which will ultimately bring consolidation of brokerages.

We will see less, but larger brokerages dominating the FX landscape. As a result of the financial pressure we should also expect to see a smarter use of technology from the part of brokers and an optimization of every aspect of the business.

This is where tech providers will be able to positively impact the industry and the brokerage’s bottom line.

  • Read this next

    Retail FX

    Weekly Roundup: FX prop firms switch to cTrader, who moved $1.35B BTC?

    The foreign exchange and cryptocurrency markets are always active, and this past week was no exception. Stay ahead with a selection of essential stories and updates that matter most to market participants.

    Digital Assets

    Bitcoin breaks all records with a massive $1.347 billion transaction

    This transaction has surpassed previous records, setting a new benchmark for Bitcoin trades. Before this event, the largest Bitcoin transactions included a $1.1 billion trade in April 2020 involving 161,500 BTC, and other significant transactions ranging from $491 million to $1.033 billion throughout 2019 and 2020.

    Digital Assets

    Uniswap debuts Ethereum ‘uni.eth’ subdomains

    Decentralized exchange platform Uniswap has integrated Ethereum Name Service (ENS), allowing users to create human-readable domain names and cryptocurrency wallet addresses using .eth endings.

    Web3

    Magic Square Expands with TruePNL Acquisition

    Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

    Crypto Insider

    The Future of Prediction Markets? Zeitgeist Launches Decentralized Court System

    Polkadot-powered prediction market protocol Zeitgeist has announced the launch of its latest innovation: a decentralized court system.

    Digital Assets

    Crypto exchange Kraken fires back at SEC lawsuit, claiming overreach

    Crypto exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), seeking to toss out a lawsuit that accused the platform of operating without proper registration.

    Industry News

    Exness Named a Best Place to Work in 2024

     Global leader Exness, tops in retail trading volume, earns 2024 “Best Place to Work” award, cementing its employee-centric culture after three prior years of winning the Cyprus national title.

    Digital Assets

    Swan Bitcoin taps Bakkt for crypto offering in the US

    “We are thrilled to be taking this exciting step forward in our partnership with Swan. This is just the beginning of our collaboration, as we intend to explore further growth opportunities together in the future, including expansion into international markets.”

    Digital Assets

    Polkadot Awards Bifrost a 500,000 DOT Loan to Enhance Liquid Staking Adoption

    Bifrost, a leader in liquid staking solutions, has secured a 500,000 DOT loan from Polkadot’s treasury to expand the reach and utility of its vDOT product within the ecosystem.

    <