Banking Circle Group is happy to announce that Jim Snabe will grow to be the Chairperson of its Advisory Board.
Jim Snabe will work intently with Banking Circle Group CEO & Co- founder, Anders la Cour, and the bulk shareholder EQT VIII, to proceed the speedy worthwhile progress of Banking Circle Group.
Jim Snabe joins with greater than 30 years of expertise throughout the know-how trade. He was beforehand the World Co-CEO of SAP and Chairperson of Mærsk, and is at present serving because the Chairperson of Siemens, Board member at C3.ai, and as a member of the Board of Trustees at World Financial Discussion board.
Primarily based on a extremely differentiated worth proposition to clients globally, Banking Circle Group is at present rising its revenues within the triple digits with greater than EUR 150 million of run-rate revenues and is already processing greater than 10% of all eCommerce funds volumes in Europe.
Anders la Cour, Co-Founder & Group CEO of Banking Circle Group, commented: “We’re excited to welcome Jim Snabe as Chairperson of our Advisory Board. He’s becoming a member of with a wealth of expertise in constructing robust groups in quick rising firms and can deliver extremely priceless expertise and a singular perspective to Banking Circle Group, the place he has been a shareholder since summer season 2016.”
Mads Ditlevsen, Accountable Companion at EQT and Head of EQT Denmark, added: “I’m delighted to have Jim Snabe becoming a member of at this very thrilling time for the Banking Circle Group. In comparison with when EQT invested within the enterprise 4 years in the past, it has already grown revenues near 15x and the momentum has by no means been as robust as it’s now.”
Jim Snabe concluded: “Banking Circle Group is a singular firm group which is remodeling monetary infrastructure and cross-border funds. I’ve adopted the Group since inception, and I’m deeply impressed by what the staff has already achieved. I’m equally interested in the longer term potential. I’m very excited to assist the Group for the following section of the journey.”