London-based FinTech start-up Huddlestock has announced the appointment of Simen Teigre as its new CEO.
Simen Teigre, co-founder and former chief executive of video communications firm Pexip, brings extensive leadership experience to Huddlestock. At Pexip, Teigre successfully led the company from inception to revenues of more than $10 million. He also served as CEO at Zaptec, where he oversaw a significant turnaround, increasing the electric vehicle charging company’s revenues from $200,000 to $4 million and achieving profitability within just over a year.
Teigre is enthusiastic about his new role, stating, “Huddlestock’s goal of making the best investment opportunities available for everyone, at a low cost and in an engaging way, has the potential to turn the financial services industry upside down. To be a part of making this happen is a challenge I’m truly looking forward to.”
Huddlestock, based at Level39 in London with an additional European office in Oslo, operates an innovative marketplace that connects professional suppliers of investment opportunities with private capital in an efficient and engaging manner.
Simen Teigre’s appointment as CEO is expected to drive Huddlestock towards further innovation and success in the financial services industry.