United Fintech Announces the Expansion in Madrid with a New Office

United Fintech, a digitalizing financial services provider which is focused on acquires and scales innovative fintechs in capital markets, is opening a new office in Madrid.

The new office is being headed up by United Fintech's Chief Technology Officer Erik Nordahl who is relocating to Madrid to oversee key development projects and the growth of United Fintech's team of developers.

The developers in United Fintech's Madrid office will focus on a range of innovative products and client projects within the capital markets sector. They will also supplement the technology teams within United Fintech's portfolio companies—Athena Systems, FairXchange, NetDania and TTMzero.

Christian Frahm, CEO, United Fintech said:"We have recently been working with a number of highly skilled developers in Madrid on a project for one of our global investment bank clients. We are opening the United Fintech office with four developers and are actively recruiting more."

Erik Nordahl, CTO, United Fintech added:"Our expansion in Madrid is a great strategic move, enabling us to continue to access top technology talent for our own initiatives, client projects, and to help scale our portfolio companies. The impact of our global sales force is resulting in increased activity for our portfolio companies and the need for additional resources. If they struggle to recruit developers in their respective locations – London, Berlin and Copenhagen – we can now source developers for them in Madrid."