The fintech sector combines elements of finance and technology to come up with a unique concept in the economy. One of the things punctuating the sector is applications and related software. Among the vital fintech applications that you may come across is Numbrs, offered by a company of the same name. The application helps in the aggregation of credit card info and respective bank accounts. It aids in mobile banking, helping you conduct transactions using your mobile phone. At the helm of the company is Martin Saidler. You may be curious at who exactly is martin Saidler. If interested to know about Numbrs CEO, then stick along as we go through ten things you probably didn't know about him.
1. Early Life And Childhood
Martin was born in 1967 in Vienna, Austria, and identifies himself as an Austrian born Swiss. His mother is originally from Slovakia, and as he grew, he used to converse in Slovak at home. He is private about his personal life, and aside from his mother, not much information is available about the rest of his family. It is not known if he has siblings, the same to his other family members.
According to Wikiwand, Mr. Saidler attended the University of Vienna probably around the mid to late 1980s. He joined the higher learning institution intending to pursue journalism and political science. He, however, did not graduate from the university as the business bug bit him, and he dropped to start his own company around the late 1980s. Looking at the achievements linked to his name as at the moment, dropping out of college was not such a bad idea.
3. Venture Into Business
As earlier hinted, he dropped out of school to try his hand in business. His first try out in the commercial sector was the founding of a student travel agency that seemed to pick up pace. Later on, he moved to Berlin in Germany around 1997, where he established an employment website, jobinteractive.com. A year into the formation of the website, it became one of Germany's leading employment portals with decent traffic to boot. He sold the site in 1999 to Beisheim Holding Switzerland, and he set his eyes on other ventures in the technology sector.
4. Venture Into Central Europe
One thing that is clear once you go through Martin Saidler's resume is that he has experience working within central European countries. It may be due to the fact he has some connection with this region when you look at his country of birth, Austria. His mother's Slovak ties may also be a contributing factor. Once he sold his website in 1999, he was still affiliated with it until 2002 when he left to concentrate on his new company. When still associated with Job Interactive, at the moment known as Scout24, he used to scout for opportunities in this European region.
5. The Dawn Of Centralway
Centralway is the parent company to Numbrs and came to life when he sold his previous company to Beisheim Holding. He founded the company in 1999, and he entirely concentrated on it when he sold his stake at Scout24 in 2002. Over the years, it has grown and initially took advantage of the central European scene just before the Dot com bubble burst. Over the years, the company has grown tremendously and expanded to other territories.
6. Current Focus
One contributing factor to the longevity of Martin in the business sector is his adaptability, mostly looking at technology as a backing factor. For the past five years, he steers his company towards the fintech sector, leaning on financial mobile applications. Numbrs is one of the applications that characterize this direction in the ever-growing industry.
7. Criticism And Controversy
His time at the helm of Centralway Numbrs has not been that smooth, especially in the face of minor criticism on his investment approaches. One of the strategies that have raises eyebrows is where he buys into companies in the central European region and helps them grow for three to four years, then exits. It is a strategy he uses extensively though the companies flourish. The issue comes with claims of using third party money and that some of his indicated past companies are untraceable, according to People Pill. The claims lack a backing and are just a dot on his corporate legacy.
8. The Never Compromise Attitude
Looking at his achievements in the financial technology sector, one thing that stands out with Mr. Saidler is his go-getter drive. When he sees opportunities, he does not hesitate and grabs them. It has been one of the factors behind his success in business for all the years he has been present on the scene. His advice to budding entrepreneurs? Never compromise.
9. Social Media Presence
Social media is one of the most significant concepts in the field of technology and communication. Considering that Martin has interests in the technology sector, social media is one tech feature he cannot afford to ignore. He is not that active on the social platforms but has a decent presence nevertheless. He has a twitter and a LinkedIn account.
10. The Israel Connection
The Israeli scene is one of the fastest-growing, especially in technology with a focus on the fintech sector. To take advantage of the fast growth, he started traveling to the Middle East country in 2015 to see how he can venture into it. The good thing is that he has a connection over there in the form of Boaz Barak, who he knew from the Swiss banking scene. At the moment, he represents his interests in Israel.
Numbrs is one of the game-changing applications in the financial technology scene and, at the moment, boasts of impressive figures in terms of its users. Behind the veil of this application and its parent company is Martin Saidler. He is a key figure in the fintech sector, especially around central Europe. Above are some of his relatively unknown details that you now know about.
Written by Allen Lee
Read more posts by Allen Lee