Norris Koppel

Co-Founder & Board Member, XYB
United Kingdom,United Kingdom
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Who Is Norris Koppel?

Total Experience70 years
CompanyXYB
CountryUnited Kingdom

Norris Koppel is an Estonian entrepreneur, best known as the founder of Monese, a global fintech company. He served as its CEO from its inception in 2013 until early 2023 and continues to be involved as a board member and significant shareholder. Koppel was inspired to create Monese due to his own difficulties opening a UK bank account as an immigrant. His vision was to provide instant, mobile-first banking services for people moving to new countries or those underserved by traditional banks. Under his leadership, Monese expanded across Europe, amassing millions of users and becoming a prominent name in the neobanking space, championing financial inclusion. He is recognized for his innovative approach to financial services and his commitment to making banking accessible to everyone, regardless of their credit history or residency status.

How Did Norris Koppel's Career Path Shape Their Journey?

Norris Koppel's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

XYB - Co-Founder & Board Member(2023 to Present)
Monte Carlo Capital - Advisor(2016 to Present)
Monese - Founder & Advisor(2013 to Present)
Artha Foundation - Founder & Chairman(2012 to Present)
FCB Estonia - Board Member(2011 to Present)
LendFusion - Founder & CEO(2011 to 2013)
MyJar - Co-Founder & COO(2008 to 2010)
Blue Barracuda Estonia - Founder / Managing Director(2007 to 2009)

What Are Norris Koppel's Key Achievements?

Founder and Visionary of Monese

Conceptualized and founded Monese in 2013, driven by personal experience, to provide accessible mobile-first banking services for expatriates, gig economy workers, and the globally mobile population, addressing a significant gap in the traditional banking market.

Led Monese to International Expansion and Scale

As CEO, spearheaded Monese's growth from a UK-based startup to a service available in over 30 countries, serving millions of customers and processing billions in transactions annually.

Secured Significant Venture Capital Funding

Successfully raised over $170 million in funding for Monese from notable investors including PayPal Ventures, Kinnevik, Augmentum Fintech, and Investec, fuelling its product development and market expansion.

Pioneer in European Neobanking

Positioned Monese as one of the early and leading neobanks in Europe, significantly contributing to the disruption of traditional banking and promoting digital financial services.

Champion of Financial Inclusion

Advocated for and built a platform that provides essential financial services to individuals often excluded by mainstream banks, such as new immigrants and those with limited credit history, thereby fostering greater financial equality.

What's Norris Koppel's Educational Background?

Bachelor of Science (BS)

University of Westminster, London - Year 2001

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Notable news
Hiring actively
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Corporate Finance

Company Overview

XYB
Total employees85
HeadquartersLondon
Founded2014

XYB is a fintech company that provides an AI-powered, coreless banking platform. Their technology acts as an orchestration layer, enabling financial institutions to rapidly innovate, integrate with a marketplace of third-party services, and modernize their legacy systems. XYB helps banks and financial service providers build and launch new digital products and services efficiently by abstracting away the complexity of underlying core banking systems.

XYB Funding Information
Unknown - Total Funding Raised
$9.5M - Most recent funding amount
3 - Number of funding rounds
Jan 16, 2024 - Latest funding round
Lead Investors:
SEB Venture Capital
KBC Focus Fund
Aura M&A
Cambridge Angels

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