Huddlestock announces Simen Teigre as new CEO
News on 11th September 2018
Huddlestock today announced that Simen Teigre, co-founder and former CEO of Pexip, will be the new CEO of the company.
September 4, 2018
London, UK / Oslo, Norway – As co-founder and CEO of the videocommunications company Pexip, Simen Teigre led the company from inception to revenues of more than 10 million dollars. As CEO at Zaptec he led the turnaround that took the innovative electric vehicle charging company from 200K in revenues to 4 million dollars and profitability in just over a year.
“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”, said Simen Teigre. “To be a part of making this happen is a challenge I’m truly looking forward to”.
Co-founder and former CEO, Murshid M. Ali, is optimistic about the future.
“After a few years of technology development, Huddlestock is now ready for commercialization. These are very exciting times for the company and we are thrilled to have Simen on the team.”
Murshid will continue to contribute actively as a member of the board of directors.
“Murshid has done a great job building Huddlestock into what the company is today. He has built a strong team and led the company through the challenging first phase of technology development.” said Øyvind Hovland, chairman of the board and co-founder. “Now we’ll be embarking on the next chapter in the development of the company and we are very excited to have Simen onboard.”
Huddlestock is a Fintech startup that has developed an innovative marketplace for investments. By bringing together professional suppliers of investment opportunities with private capital in an efficient and engaging way, everyone can have access to high-quality investment ideas at an affordable cost. The company was established in 2014 and has offices in London and Oslo, Norway.