FinLeap, a Berlin, Germany-based fintech company builder, appointed Michael Hock as a new Managing Partner and General Manager.
As a Managing Partner, Hock and his team will be responsible for Finance and Investment Management (M&A), Corporate Law and Regulatory Affairs at FinLeap and will also support the twelve ventures of the group.
Hock has experience in the field of Venture Capital, Corporate M&A, and operational startup management. Before building an independent VC company, he started his career at Siemens, where he was operating in the field of Corporate Ventures. Most recently, Hock was general manager and board member for Holtzbrinck Digital.
Founded in the summer of 2014 by HitFox Group and Ramin Niroumand, CEO, FinLeap serially develops Fintech companies, supporting them with infrastructure and guiding their growth. It provides seed funding from €0.5 million up to €5 million and a network of investors, an integrated development platform and advice on best practice processes.
Twelve ventures have been brought to market providing services for private and corporate clients. The ecosystem includes:
– FinReach, which offers among others a solution for switching bank accounts;
– PAIR Finance, a solution for digital debt management;
– Clark, a digital insurance broker; and
– solarisBank, a digital platform with a full German banking license.
The team is made up of more than 400 employees from more than 30 countries.
In conjunction with the announcement, Jan Beckers, CEO and Founder of HitFox Group, and Hendrik Krawinkel, HitFox CFO, will resign from their positions as General Managers. Nevertheless, HitFox Group will remain as FinLeap’s largest and most active partner. Furthermore, Beckers will remain as the Chairman of FinLeap.