FinTech Magazine February 2020 | Page 21

21 Markus Kilb

“ We want to position Twint as the preferred means of payment for all people in Switzerland ”

— Markus Kilb , CEO , Twint will then receive a final confirmation request before processing the payment and shipment of the product .”
Twint ’ s exponential growth is also accredited to its key shareholders and partners , which besides SIX Group and Worldline , largely comprise Swiss banks : Postfinance , UBS , Zürcher Kantonalbank , Credit Suisse , Banque Cantonale Vaudoise and Raiffeisen . “ Twint works with direct access to bank accounts , which is pretty unique for Switzerland ,” Kilb adds . In addition to this , there is also an additional

21 Markus Kilb

EXECUTIVE PROFILE
Markus Kilb is the CEO of Twint AG , and has held the role since November 2018 . Kilb ’ s career started with BMW , as project manager of the Financial Services Division from 1992 to 1996 . He worked with Advance Bank from 1996 until 2000 , where he was Product Manager for all cards and accounts products . In 2000 , he moved to Citibank in order to oversee the credit card business . He has held a number of various executive positions , most notably in 2009 , when he became General Manager of Unicredit ’ s product factory for loans and cards business in Germany .
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