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Former UBS chief boosts fintech companies

Former UBS chief boosts fintech companies

Axel Weber faces a new challenge at one of Germany’s leading fintech companies.

German fintech company Raisin has a former head of UBS Axel Weber And appoint him to its advisory board. Weber, who left UBS in April 2022, will take up his position in December.

The former head of the German Bundesbank is likely to take over as chairman of the committee, replacing the former Georgian prime minister and raisin seed capitalist. Lado Georginidze Replacement, reports “Financial Times” (Paid article).

I slept strong

Raisin operates online platforms in Germany, Great Britain, the USA and five other European countries where consumers can compare savings accounts and other financial products from several banks. The company, founded in 2013, has benefited from a sharp rise in interest rates and increased its assets under management by 20 billion to 50 billion euros this year. The co-founder and CEO said that a quarter of the money comes from consumers in the USA Tamaz Georgadze theft.

Weber also serves as an advisor to German asset management firm Flossbach von Storch and Boston Consulting Group. mentioned.

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