United Fintech has announced that Erik Nordahl has joined the firm as partner and CTO. United Fintech, launched recently by longtime CFH Group CEO Christian Frahm, plans to transform banks and fintechs in capital markets.

United Fintech has said that it plans to acquire and scale a range of pioneering small to medium sized engineering-led fintech companies, all with a proven capital markets product, and to partner with banks to help them to access and onboard these innovative fintechs. United Fintech’s first acquisition was Denmark based market data and charting company NetDania.

At United Fintech, Erik Nordahl will play a key role in the due diligence process, assessing potential acquisitions from a technology perspective. He will also work closely with the founders of the acquired fintechs to optimise their organisations and help scale them into global companies.

Erik Nordahl is a highly respected technologist in the financial services sector. His 20 year career began with developer roles at Danske Bank and Saxo Bank before progressing into senior management. He joins United Fintech from Danish IT house BEC, where he was EVP for Capital Markets, Risk/Finance and Business Intelligence, with responsibility for over 300 IT specialists in Denmark and Poland. Prior to that, he was Senior VP and Head of IT Operations at NETs and before that, Business CIO at Nordea. Erik Nordahl spent eight years at Saxo Bank, where he was Head of Front Office and IT, managing IT specialists in both Denmark and India.

Christian Frahm, Founder & CEO of United Fintech commented,

“I worked with Erik at Saxo Bank and have followed his career closely over the last decade. He has exceptional IT skills and an in-depth understanding of the technology requirements in the banking sector. I am delighted that he has joined United Fintech as Partner and CTO, working closely with me on the strategic development of the company. He will be a huge asset in helping to scale the fintechs we acquire.”

Erik Nordahl added,

“Having built my career at large firms, I am excited to be utilising my experience with such a ground-breaking early stage business and having the opportunity to play a significant role in its growth from the inception stage. In addition to having a strategic role on the Board of United Fintech, I am also looking forward to going back to my roots and getting involved in programming when required and working directly with the developers – this is an aspect of my role that I have missed as I’ve progressed into enterprise management.”

Erik Nordahl’s appointment follows the announcement of Tom Robinson, former Managing Director at Goldman Sachs and Jefferies, as Partner & Head of Sales at United Fintech. The company stated that additional senior hires will be announced imminently.

United Fintech plans to provide banks and financial institutions with easy access to the newest technology and accelerate implementation of these proven solutions. Its focus is on facilitating banks and financial institutions in their transition to a digital world.

The firm plans a series of strategic acquisitions to enhance all aspects of banks and financial institutions’ operations. Its portfolio will include an extensive range of products from trading platforms, liquidity management and regulatory reporting tools through to AI and machine learning applications, Big Data tools, institutional Blockchain, Bots and Virtual Assistants.

United Fintech is headquartered in London, with a global sales network and regional offices in London, New York, Dubai, Singapore and China. Its team consists of world-class experts in each aspect of building, growing and scaling capital markets businesses.