Europe-headquartered financial services provider, SquaredFinancial announced today that Georges Cohen has returned to the company as an investor. He has acquired a 5% shareholding in the firm.
Cohen, who is currently based in Geneva, is a well-known French businessman. He joined Capgemini at the age of 17 as a sales commercial engineer in 1970. In 1990, he founded Transiciel, one of France’s fastest-growing information technology consulting groups.
Cohen has extensive knowledge of different markets around the world, including Europe and the US. In addition to the recent investment, he also brings extensive listing expertise.
Philippe Ghanem, the Founder and Executive Chairman of Squared Financial, said: “We are in a new phase of execution as our scale and size are being driven by demand. Georges wanted to return to the fold as he shares our vision. Our trajectory of increasing capital means we have the funds to acquire technology and continue to attract the best talent, and, as in this case, returning talent. Georges brings with him a wealth of expertise in capital markets and company listing, which we have always been clear that we aim to do.”
Earlier this year, SquaredFinancial announced the expansion of its global operations through the opening of a new American crypto office.
Georges Cohen
In addition, Cohen is a Co-Founder of SquaredFinancial. In a recent press release shared with Finance Magnates, he highlighted the recent growth of SquaredFinancial amid rising demand for its products and services.
“When Philippe and I founded this company in 2005, we wanted to build the financial institution of the future. Our vision is now a reality, and I want to continue to be a catalyst for success by funding further technology capability. Traders want a timely personalized accessible platform, and we are well capitalized to meet future demand,” Cohen mentioned in the press release.
