Niels Turfboer

“Born in The Netherlands currently living in London. Studied Law and Policy, Administration & Management. Started my career in banking, have over 11 years’ experience in the banking industry with ABN AMRO and ING in both the Netherlands and France. Did my full-time MBA in 2010 and went to NYU Stern for specialization in 2011. After that became an entrepreneur, had my own company in the educational field for 3 years before moving back into Finance (FinTech). After a stint at MarketInvoice became the Managing Director Benelux and the UK for Spotcap. Build it up from the ground and it is now a leading global FinTech in the SME lending space with numerous prestigious accolades. Next to this, I hold several Advisory Board positions at Fiduciam, Alterest Investment Technologies, and Caleta Homes. I am also a regular public speaker and commentator on topics related to business finance and financial technology, including outlets such as Forbes, The Financial Times and CNBC.”

How did IE help you get to where you are today?

“IE helped me make the switch from more traditional banking to an entrepreneurial role. The broad array of business topics in the MBA combined with the focus on entrepreneurship helped make this transition as seamless as possible.”

How did you come up with the idea for your company?

“It was an idea that was born in the incubation period at Rocket Internet.”

What is the key to the success of your company?

“We have enabled thousands of small and medium enterprises to grow and maintain their business by means of providing them with adequate working capital finance. We are very tech-heavy, and this allows us to provide a seamless service with very good UX for our customers, so they do not have to focus on a cumbersome application process, but can instead focus on running their business.”