PayTech Consulting appoints new Managing Director

PayTech Consulting appoints new Managing Director

2019 was a great year for PayTech Consulting as the company yet again set a new record in number of projects delivered to banks and other clients around the world. The payments advisory services company now announces the appointment of Henning Holter as new Managing Director. Based in London, Henning will be overseeing the company’s global business.

Says Nicki Bull Bisgaard, Chairman of PayTech Group: "It gives me great pleasure to be able to welcome Henning to our team as our new Managing Director. In times of significant changes in banking in general and in payments in particular, we are experiencing continued growth in demand for our highly specialised payments expertise from clients around the world. I am certain Henning will be instrumental in leveraging in the opportunities provided and secure continued growth for PayTech and for our clients"

Henning is an experienced fintech executive with a background building VC-funded tech start-ups, as well as in leadership roles in multinational companies. Most recently heading the financing services arms of the global procurement & e-invoicing firms Basware and Tungsten Network, where he launched a range of innovative working capital financing and payment solutions. Previously, he led the sales and commercial development of OpenGamma Ltd. – a fintech firm backed by Accel Partners and ICAP. Before joining OpenGamma, Henning was Head of Nordics for FactSet Research Systems, a global provider of financial data and portfolio analytics to investment professionals. He came to FactSet via the acquisition of StreamVPN, a company that pioneered systematic trade ideas capture in the asset management sector, where he was the Chief Operating Officer. He started his career in Arkwright Ltd, a leading European strategy consulting firm.

Henning received his B.Sc. in Engineering from the University of California at Berkeley, and an MBA from INSEAD. 

Henning Holter comments: "I am very excited to be joining PayTech Group. I am joining a team with unique expertise in the payments sector at a time the industry is undergoing fundamental changes. Having delivered more than 600 projects in 32 countries around the world, the company is a well established and well respected operator, yet there is significant potential to grow as the industry evolves."

About PayTech Consulting

PayTech Consulting is a global advisory firm specialising in payment solutions. Focussing exclusively on payments, we advise clients within the industry (issuers, acquirers, processors, and card schemes), as well as large corporates and NGOs. We work hands-on with our clients to define new strategies, understand and respond to market developments, improve the performance of their payment processes, optimising existing programmes or select new ones, as well as provide ongoing operational support, including RFI/RFP management.

Regulatory changes, tech innovation, and a shift in spend and purchasing are driving a rapid and profound change in payments handling. We are witnessing new players entering these markets across all payments value chains, thus challenging the more traditional providers of payment services. We’re also seeing the most aggressive banks, card schemes, processors redefine and expand their role and taking full advantage of the opportunities provided.

It is an exciting transformation of the industry, but one which requires deep insight and expertise to stay on top. PayTech Consulting has this expertise.

Feel free to visit us at www.paytech.no to learn more about who we are and what we do.