FinTech Magazine February 2020 | Page 12

TWINT

Markus Kilb , CEO of Twint , details how the twinting phenomenon is sweeping across Switzerland

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Since its creation in 2017 , Twint has unified Switzerland through its comprehensive digital cash solutions . Now with over 2 million customers , more than a quarter of the Swiss population are twinting , and this number is only set to accelerate . Championing the success of Twint is CEO , Markus Kilb , who has held the role for a little over a year , citing its unique business model as his original draw to the company . “ For me it is an absolute honour and a thrilling experience to lead Twint and shape the future of the payments world ,” he says . “ Twint is the most complete and compelling value proposition from both a client and bank perspective that I have seen in the Western hemisphere and I knew I had to be part of it .” Kilb has led the company to become not only an integral part of digital payments in Switzerland , but an exciting one , as it remains the fastest growing provider in the region , region with a nearly four-fold increase to transactions from the previous year . Kilb explains that the reason for Twint ’ s

FEBRUARY 2020