United Fintech announces executive reshuffle

Rick Steves

The executive reshuffle will see Netdania CEO Rasmus Bagger becoming CCO of United Fintech; while Athena CEO Luis Otero takes the role of CTO; Marc Levin becomes CEO of Athena; Troels O. Lindblad moves to CFO; Elizabeth Missfeld appointed Chief of Staff; Darren Coote returns to the role of CEO of CobaltFX, and George Govier-Rosenvold as CCO of Netdania.

United Fintech has announced a strategic management reshuffle, coming on the heels of the recent investments by BNP Paribas and Citi.

The “fintech of fintechs” prepares to accelerate global operations, doubling down on its two distinctive features: a focus on acquisitive growth and having customer-centricity at its core.

“An even stronger platform for further growth in all directions”

Christian Frahm, CEO of United Fintech, said: “Our strategic reshuffle aims to repurpose talent internally and highlights the depth and breadth of the talent pool that United Fintech has accumulated in less than four years. We’re confident that the management changes will enable us to create an even stronger platform for further growth in all directions with an emphasis on adopting even more customer-centric ways of working.”

In less than four years, United Fintech has acquired five fintechs and, as part of the executive reshuffle, some of their CEOs will move to C-level positions at the firm, including:

  • Netdania CEO Rasmus Bagger to CCO of United Fintech.
  • Athena CEO Luis Otero to CTO of United Fintech.
  • United Fintech Partner Marc Levin to CEO of Athena.
  • United Fintech Head of M&A and Funding Troels O. Lindblad to CFO of United Fintech.
  • United Fintech Head of Strategic Transformation & Execution Elizabeth Missfeld to Chief of Staff of United Fintech.
  • United Fintech Managing Director of Strategic Accounts Darren Coote to CEO of CobaltFX.
  • United Fintech Sales Executive George Govier-Rosenvold to CCO of Netdania.

With Athena-founder Luis Otero becoming CTO of United Fintech and United Fintech partner Marc Levin appointed as the new CEO of Athena in Madrid, United Fintech is making a major commitment to upscale the operations of the pioneering US-Spanish fintech: “My role at Athena will be to expand the buy-side segment organically and through acquisitions powered by the M&A capabilities of United Fintech. Athena has experienced tremendous growth over the past couple of years, and our strategic talks with new investors have confirmed our strong conviction in its suite of products and expansion of the buy-side pillar of United Fintech”, said Marc Levin, CEO, Athena.

With the promotions of Troels O. Lindblad to CFO and Rasmus Bagger to CCO, it is the firm’s ambition to continue acquisitive and organic growth whilst building a robust ecosystem with a clear emphasis on customer-centricity: “We see a significant, untapped opportunity set in a market that keeps growing fuelled by megatrends which will drive a continued consolidation within software vendors to the financial industry – and we are now more than ever positioned to capitalise on this”, said Troels O. Lindblad, CFO of United Fintech.

“United Fintech aims to significantly impact the industry. Our neutral industry platform is pivotal for Financial Services and I’m committed to evolving our commercial framework, driving growth and delivering value to the industry and our clients”, commented Rasmus Bagger, CCO of United Fintech.

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