From launching new products to partnering up for further innovation, Forbes Finance Council members have had numerous accomplishments in recent months. Forbes Finance Council member companies range from young startups to established financial firms, leading to a diverse range of achievements. Below, we highlight four members and their big news.
Mark Højgaard reports a key Fintech partnership
Mark Højgaard, CEO of digital currency specialist Coinify, announced a new partnership with digital asset software firm Blockchain. Launching last November, the partnership allows for instantaneous wallet funding and makes digital cash purchasing easier, cheaper and more secure. Blockchain brings to the table a 50% market share, including nearly 10 million users.
“Coinify shares in Blockchain’s mission to accelerate the adoption of digital currencies by making them more easily accessible. With Blockchain’s dominant position in the cryptocurrency wallet market, I believe this will be a real game changer,” says Højgaard.
Meanwhile, Blockchain CEO Peter Smith emphasizes that, by avoiding Know Your Customer (KYC) and Anti Money Laundering (AML) verifications, “users will not be subject to the delays, complexities and security risks that have plagued digital currency adoption in the past. This partnership will make our wallet infinitely more user friendly and, ultimately, more accessible for the mass market.”
Dr. Andy Khawaja is recognized as CEO of the Year
Dr. Andy Khawaja, founder and CEO of Allied Wallet, a globally leading provider of online payment processing offering solutions in 196 countries all over the world, was recently named CEO of the Year by Corp America, a publication of North America News. Dr. Khawaja was particularly commended for his leadership abilities and innovation in the payment industry. Allied Wallet is an award-winning company serving more than 150 million users, but Dr. Khawaja notes that success hasn’t always come easily, saying “when founding Allied Wallet, I was roundly dismissed… ‘There’s no future in e-commerce,’ they would say; it’s not a profession that’s going to be conducive to an honest, worthwhile living. But looking at us now, we have a global presence, we are helping thousands upon thousands of clients make their digital payment solutions easier than ever before, and it all started from small origins.”
Dr. Khawaja credits much of his success to his passion for what he does and stresses the importance of believing in what one is working at. “Don’t give up,” he says. “Be yourself, work hard, be persistent, and above all have hope.”
Andrew Stafford’s Lawing Financial welcomes Chris Osmond
Andrew Stafford, CEO of investment firm Lawing Financial, is proud to announce that Chris Osmond, CFP®, has joined his team as director of wealth advisory services. Osmond brings 13 years of industry experience, including a position as assistant vice president/portfolio manager for US Bank’s Private Client Reserve, where he managed high net worth business valued at $350 million. Most recently, Osmond served as director of investments at BMO Private Bank, and in 2016 received the BMO Achiever by the BMO Beam Program.
Osmond says: “After years of wealth management experience, I’ve learned the importance of placing the client first and surrounding myself with a team that acts in the best interests of clients. I am excited and proud to join a company with these elements ingrained in their culture. I look forward to the future of our clients and growth of our company.”
Nigel Green announces the launch of the deVere Vault
Nigel Green, founder and CEO of deVere Group, has reported the recent launch of the deVere Vault — a global e-money app for internationally mobile firms and individuals — marking a first step into the Fintech sector for the independent financial consultancy. “Banking as we know it is finished,” says Green of the app, which launched in mid-April, adding “deVere Vault, a low-cost, app-only e-money service, has been driven by demand from internationally-mobile individuals, globally-focused firms and expats. They want to access, manage and use their money instantly and seamlessly wherever they are in the world.” The deVere Vault seeks to bring instant money access to mobile users globally. “You will be able to open a deVere Vault account in five minutes, withdraw money from any cash machine worldwide, get real-time notifications with all your transactions, spend money on the card wherever Mastercard is accepted, and send and receive money in most major currencies instantly with other deVere Vault account holders.”
These are just a handful of Forbes Councils members’ recent exciting achievements. Read about what other members are working on here.
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