Johan Bergqvist joins Banking Circle Group as chief financial officer

Johan Bergqvist Banking Circle Group CFO

Banking Circle Group has appointed Johan Bergqvist as the new group chief financial officer (CFO), effective as of February 2024.

Working closely with co-founders Anders la Cour and Laust Bertelsen, and the rest of the management team, Bergqvist has been tasked with driving the next phase of “sustained, rapid and profitable growth”.

Bergqvist brings with him a “wealth of experience”, Banking Circle stated, bringing with him 20 years of financial leadership through key roles in companies including Bolt, Teya and Spotify, where he supported their transformative growth and scaling.

“Banking Circle Group has revolutionised financial infrastructure and cross-border payments,” Bergqvist said. “Having followed the company for many years, I am deeply impressed by what the team has already achieved and equally attracted about the future potential.”

Anders la Cour, CEO of Banking Circle Group, added: “We are thrilled to welcome Johan Bergqvist to our senior management team at this pivotal moment and I look forward to working closely together. While Banking Circle Group have now reached significant scale, we are still early in our growth journey considering the large market white space and our unique product offering.”

Headquartered in Luxembourg, Banking Circle Group offers a range of financial services including global cross border payments, accounts and liquidity management, as well as e-commerce solutions such as embedded finance, business payments and card issuing, B2B buy now, pay later (BNPL) and account-to-account payment methods.

The company claims to have delivered “another year of triple-digit revenue growth” during 2023, reaching more than €300 million in run-rate revenues, while processing around €550 billion in run-rate annual payment volumes.

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