United Fintech announces advisory team as firm accelerates expansion

Rick Steves

United Fintech plans to have an extensive fintech portfolio including products ranging from trading platforms, liquidity management and regulatory reporting tools through to AI and machine learning applications, Big Data tools, institutional Blockchain, Bots and Virtual Assistants.

United Fintech has appointed six new members of its advisory board as the fintech firm makes its way to help banks, hedge funds, and asset managers to accelerate their transition to a digital world.

The firm founded and led by ex-CFH Christian Frahm has announced the members of the Advisory Board:

– Russel Levi – 25 years’ experience heading up Sales at Bloomberg and SuperDerivatives; responsible for building Bloomberg’s European business.

– Michel André – CTO at Saxo Bank for 14 years and widely regarded as one of Europe’s leading IT architects.

– Rasmus Jensen – Specialist in corporate leadership and digital transformation, instrumental in the significant growth of Templafy’s commercial team.

– Peter Korsholm – successful investor, former partner at EQT and 12 years at the firm which is one of Europe’s most successful Private Equity firms with $80 billion AUM.

– Jannik Kruse Petersen – 20 years in investment banking and private equity and a successful private fintech investor.

– Morten Jensen – Leading legal expert, Head of Capital Markets and M&A at Bruun Hjejle, advising clients such as Goldman Sachs and EQT.

Christian Frahm, Founder and CEO at United Fintech, said: “We have strengthened our exceptional team with an outstanding Advisory Board to provide further scrutiny and consultancy, particularly in terms of our strategic fintech acquisitions. Our Advisory Board comprises of world class leaders in their respective fields, including highly experienced and talented M&A experts and fintech leaders. I feel very humbled and honoured that, at this early stage for United Fintech, such eminent experts have chosen to support our vision and join our journey.”

Russel Levi, Advisory Board member, commented on the appointment: “I am excited and feel privileged to be part of such a talented and experienced Advisory Board. The capital markets industry largely runs using legacy technology and data provided by a small number of outdated providers with inflexible and expensive business models. The status quo is ripe for disruption by nimble start-ups with strong engineering credentials.

“Christian is an incredibly ambitious and successful visionary and has established United Fintech with a clear plan to enable banks and hedge funds worldwide to have easy access to innovative capital markets solutions and to help proven but small fintechs accelerate their growth globally and realise their true potential.”

United Fintech has big plans to take over the fintech space across the globe. Its strategy includes acquiring and scaling a range of pioneering small to medium-sized engineering-led fintech companies. The firm will also partner with banks and financial institutions to help them to access and onboard these innovative digital technologies.

In February, the firm announced the acquisition of TTMZero in order to enter the market data and regtech space. United Fintech took a 25% stake in the market-leading firm, with the intention of increasing to 80% over the next three years.

In November, the company acquired a majority stake in NetDania, a leading Danish fintech that provides market data, APIs, market terminals, charting components, and full white-labels – whether web, mobile or desktop.

United Fintech plans to have an extensive fintech portfolio including products ranging from trading platforms, liquidity management and regulatory reporting tools through to AI and machine learning applications, Big Data tools, institutional Blockchain, Bots and Virtual Assistants.

The company has most recently announced its expansion into the US with the appointment of Mark Lawrence as Director and Head of Americas.

Marc Levin, former CEO of CFH Group, has joined United Fintech as Partner and COO earlier this year. With responsibility for the operational and commercial aspects of United Fintech’s portfolio, Marc will play a major role in helping to scale the fintechs acquired by United Fintech and enabling banks worldwide to have easy access to these innovative capital markets solutions.

Read this next

Metaverse Gaming NFT

DCentral Miami brings together all of Web3, NFT, DeFi, Metaverse

The world’s biggest Web3 meeting entitled DCENTRAL Miami is set to take place November 28-29, featuring a lineup of some of the biggest and most influential names in the blockchain space.

Digital Assets

Crypto ban expands across UK banks as Starling joins ‎crackdown

UK digital bank Starling has banned ‎all customer payments related to cryptocurrencies, another blow for the crypto traders ‎who recently saw a sizable number of banks deciding not to ‎finance the wobbly asset class.‎

Interviews

Markets Direct at FIA EXPO 2022: Traders know what they want from brokers

The FIA Expo 2022, one of the most prestigious events within the global derivatives trading industry, took place in Chicago on 14 & 15 November.

Interviews

FIA Expo 2022: TNS addresses public cloud limitations with hybrid infrastructure

November is the month of the FIA Expo, one of the largest futures and options conferences in the world, bringing together regulators, exchanges, software vendors, and brokers in one place: the Sheraton Grand Chicago Riverwalk. 

Retail FX

Italy’s regulator blacks out Finance CapitalFX, MFCapitalFX

Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.

Retail FX

Suspected leader of Honk Kong ramp-and-dump scam appears in court

A leader of a sophisticated ramp-and-dump scheme made his first court appearance in a Hong Kong court today, charged with market manipulation and various criminal offences. The case stems from an earlier joint operation of Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), and the local police. 

Institutional FX

Cboe’s James Arrante discusses growing demand for fixed income, FX algo

We caught up with James Arrante, senior director of FX & US treasuries product and business management at Cboe Global Markets, to uncover emerging trends in the FX and fixed income markets and learn more about the bourse operator’s recent initiatives.

Retail FX

Eurotrader acquires UK broker Petra Asset Management

Eurotrader Group has formally entered into the UK market with the acquisition of FCA-regulated broker, previously named Petra Asset Management Ltd. The new entity operates under the brand name Eurotrade Capital Ltd.

Inside View, Retail FX

The Game of Chess Continues – OPEC, China and the Oil Market

Over the past decade, the US has been complaining about the amount of power which the BRIC group, and specifically China, has on the global economy. BRIC stands for Brazil, Russia, India and China; these were the world’s fastest growing economies. Only in the past 10 months, the US has turned their attention toward OPEC due to the prices of fuel. Nevertheless, China seems to have a strong influence even over the price of crude oil.

<