Lanistar on course to become £1bn fintech with global expansion to European hub in Athens

The hassle-free banking alternative founded, by serial entrepreneur Gurhan Kiziloz, is on course to become the next £1bn fintech company, hiring hundreds of new staff and opening a state-of-the-art European hub in Athens, Greece

by Patrick Sullivan, Political Editor on 22 October 2020 12:58

Gurhan_kiziloz_lanistar

Leading banking alternative Lanistar, the company which is set to revolutionise how customers streamline their money, has announced it has opened a new European office in Athens, as part of its rapid expansion plans to become the next £1bn fintech company.

The news comes hot off the heels of a major video interview conducted by the company's founder and CEO Gurhan Kiziloz with the Financial Times Banker magazine

The office will serve as a hub for the company’s compliance specialists, with the team there working as an extension of its London headquarters and its customer service centre in Skopje, Macedonia. Set to launch this November, Lanistar will have 400 employees in total across its UK and European offices.

The new compliance hub will host a robust fraud and transaction monitoring department and support an aggressive hiring plan, with the company aiming to expand Lanistar’s Greece headcount and create more than 300 jobs in the region, growing it to 1000 in the long-term.

The company is currently hiring more than 200 experts for roles across KYC, financial crime and anti-money laundering divisions, including a Head of Financial Crime supported by a huge tech team to manage the entire team from the Athens hub. Lanistar will aim to become the first fintech company to reach a one billion pound valuation within a year of launch Q4 2020. Lanistar is creating a new polymorphic debit card to help customers streamline their money via new technology and open banking.

The company will provide multi-currency accounts, premium services and additional features to revolutionise how their clients’ money is managed.

Speaking to The Commentator, CEO & Founder, Gurhan Kiziloz, said: “In the run up to Lanistar’s momentous launch, where we will redefine the way in which young customers manage their money, we’re proud to be creating jobs and a new office in Greece. We chose Athens for our compliance office because we believe it will attract a promising pool of existing talent in the sector, and we’re excited to build a strong compliance team that ensures Lanistar is at the forefront of working against financial crime. This investment will ensure Lanistar will operate at the highest levels of all regulatory environments and be able to foresee and be prepared for any changes to come.”

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