Lars Holst’s GCEX Group has further strengthened its Presence in the Middle East and North Africa (MENA) region with the latest addition of Olivier Honsberger to its Board of Directors of GCEX MENA.
The digital prime brokerage will benefit from Honsberger’s extensive experience in the region. Announced on Thursday, Honsberger will oversee the day-to-day operations of the company. He will further take up a key role in developing the firm’s growth strategy in the region.
“GCEX is a dynamic fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Read this Term with a huge amount of potential in the region and a very forward-thinking ethos,” Honsberger said. “GCEX’s strong credentials and its ongoing focus on staying ahead of the curve made it a very appealing organization for me to join.”
Before joining the MENA subsidiary of GCEX, Honsberger chaired Global Millennial Capital PIF’s Advisory and Investment Committee for two years. He was also a founding member of the fund.
His other significant industry experience includes a 22-year-long tenure at Mirabaud Group. He joined that company as a Wealth Manager in March 1999 and climbed the corporate ladder to become the Chief Executive Officer of Mirabaud (Middle East) and Board Director at Mirabaud (Abu Dhabi).
“Olivier has an extremely impressive track record in the region, having built a private Swiss bank in the UAE from scratch and grown the business in the Middle East to USD 4 billion assets under management,” said Managing Director of GCEX MENA, Mehtap Önder, who came onboard last July as the Group opened its Dubai office.
“We are very excited about his appointment, and I am looking forward to working closely with him to put solid foundations in place to grow our business in the Middle East.”
Check out the latest FMLS session on “Opportunities and Pitfalls in M&As,” where GCEX’s Lars Holst was a panelist.
GCEX Is Aggressively Growing
GCEX, founded in 2018, has expanded aggressively with its services of digital prime brokerage to institutional and professional clients. The Group now holds regulatory licenses in the United Kingdom and Denmark and operates from its offices in London, Copenhagen, Glasgow, Kuala Lumpur, and Dubai.
It generated £1.89 million in revenue and £1.42 million in operating profit in 2021, which was its first annual financials. It also received $4 million in funding from True Global Ventures 4 Plus Fund.
Meanwhile, the Group also strengthened its leadership with many hirings last year. It onboarded Marilu Revelli as a Managing Director, Alex Iakobachvili as Vice President of Business Development, and Michael Aagaard as the Managing Director for the operations in Denmark.
Lars Holst’s GCEX Group has further strengthened its Presence in the Middle East and North Africa (MENA) region with the latest addition of Olivier Honsberger to its Board of Directors of GCEX MENA.
The digital prime brokerage will benefit from Honsberger’s extensive experience in the region. Announced on Thursday, Honsberger will oversee the day-to-day operations of the company. He will further take up a key role in developing the firm’s growth strategy in the region.
“GCEX is a dynamic fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Read this Term with a huge amount of potential in the region and a very forward-thinking ethos,” Honsberger said. “GCEX’s strong credentials and its ongoing focus on staying ahead of the curve made it a very appealing organization for me to join.”
Before joining the MENA subsidiary of GCEX, Honsberger chaired Global Millennial Capital PIF’s Advisory and Investment Committee for two years. He was also a founding member of the fund.
His other significant industry experience includes a 22-year-long tenure at Mirabaud Group. He joined that company as a Wealth Manager in March 1999 and climbed the corporate ladder to become the Chief Executive Officer of Mirabaud (Middle East) and Board Director at Mirabaud (Abu Dhabi).
“Olivier has an extremely impressive track record in the region, having built a private Swiss bank in the UAE from scratch and grown the business in the Middle East to USD 4 billion assets under management,” said Managing Director of GCEX MENA, Mehtap Önder, who came onboard last July as the Group opened its Dubai office.
“We are very excited about his appointment, and I am looking forward to working closely with him to put solid foundations in place to grow our business in the Middle East.”
Check out the latest FMLS session on “Opportunities and Pitfalls in M&As,” where GCEX’s Lars Holst was a panelist.
GCEX Is Aggressively Growing
GCEX, founded in 2018, has expanded aggressively with its services of digital prime brokerage to institutional and professional clients. The Group now holds regulatory licenses in the United Kingdom and Denmark and operates from its offices in London, Copenhagen, Glasgow, Kuala Lumpur, and Dubai.
It generated £1.89 million in revenue and £1.42 million in operating profit in 2021, which was its first annual financials. It also received $4 million in funding from True Global Ventures 4 Plus Fund.
Meanwhile, the Group also strengthened its leadership with many hirings last year. It onboarded Marilu Revelli as a Managing Director, Alex Iakobachvili as Vice President of Business Development, and Michael Aagaard as the Managing Director for the operations in Denmark.
