Tink, the European open banking platform, announced that it has recently named Klaus Holse as its new Chairman.
Finance Magnates has learned that Holse, a technology and financial services veteran, has taken on the leading role from Tink where he serves as its Chairman. He will lead the charge in open banking across Europe with its aggregation and payment products.
The Danish businessman brings more than a quarter of a century experience working for software developers and financial institutions. His extensive experience in senior executive positions in both these sectors and in building partnerships holds substantial value for Tink, which is part of a new wave of Swedish FinTech companies.
Holse Experience Extends to a Quarter of a Century
Simultaneous to the new role with Tink, Holse is currently serving on five other organisational boards where he serves as Chairman, CEO and Board Director, including SuperOffice AS, Zenegy ApS, Better Collective, DI – Dansk Industri and more significantly SimCorp where he has triumphed for over eight years as the Chief Executive, according to his LinkedIn profile.
Prior to these current positions, he also provided his services as Chairman to Delegate, EG A/S and Lessor A/S.
Earlier on, before his time with Lesson A/S, Holse spent just over eleven years with Microsoft where he started as General Manager of Microsoft Denmark. Over the period, he was promoted to various executive VP roles in sales, management and business solutions. As he moved up the ranks, he finally culminated in his role as President of Western Europe where he was responsible for Microsoft business spread out over fourteen Western European countries.
Before this time, this successful Danish businessman served as a Board Director for Esko in Belgium. For almost five years, he led the company as it went through a transformation from being hardware to software-driven.
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Further, in two other roles, Holse was placed as Chief Executive; at Internet Ventures Scandinavia he was instrumental in its investment into internet-related companies; whilst at Energy Solutions, he was able to turnaround this newly listed growth company.
Oracle Corp, an American multinational computer technology corporation, utilised Holse’s skills over the course of a dozen years. His first role with it began as a Sales Director of Oracle Denmark. After that, he rose through various executive positions and moved to the Oracle Education division where he peaked as Senior Vice President of Oracle Education from May 1996 to September 1999.
Record Investment for Nordic Region in 2020
This announcement comes at a time when Sweden is benefitting from increasing success stories in the FinTech market. Currently, the region is hitting targets previously unseen as 2020 is already proving to be a record year in terms of investment. FinTech companies in the Nordics picked up $1.17bn in the first nine months of the year, which has increased from the $1.08bn raised in 2019. This a huge leap from the $234.3m raised in 2015, according to FinTech Global’s research.
Commenting on the appointment, Daniel Kjellén, Co-founder and CEO of Tink, said: “Klaus has a fantastic track-record of scaling software companies globally for over 25 years. Klaus’ knowledge of the tech industry and his experience of building partnerships with financial institutions will be incredibly valuable to Tink.”
Holse added: “Tink is leading the charge in open banking across Europe with its aggregation and payment products. On top of this, they have built a unique set of products unlocking the value in financial data for the benefit of financial institutions, fintechs, startups and their end-users. Tink has built a phenomenal team of some of the brightest minds in the industry. Their ambition and passion made me want to be part of the Tink journey.”