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Digital platform for medium-sized businesses takes off: Michael Hartwig is new CEO at Pylot

● Former Yext manager takes over management of the digitization platform

● Strategic expansion in the small and medium-sized enterprise sector targeted

Berlin, June 18, 2020 - Michael Hartwig will be the new CEO of the digitization and software platform Pylot. Hartwig has more than 20 years of experience in marketing and digitization and has held leading positions for Opel, BMW, among others, Google and Zanox. Most recently, he headed the European business of the US online marketing company Giant Yext.

"Michael Hartwig knows how successful digitalization works and is himself Entrepreneur. We are very happy that we have won him as the new head for Pylot”, says Johannes Rath, SIGNAL IDUNA Group's Chief Digital Officer. Signal Iduna is the major investor behind Pylot.

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Picture: Michael Hartwig, CEO Pylot

Ramin Niroumand, founder and CEO finleap: "We see that more and more financial service providers are developing individual products for small and medium enterprises. However, these are all separate solutions. So far, there is no integrated tool available that unites and simplifies processes. Pylot will change this. We are pleased that together with Signal Iduna, we can prove that corporate venturing is a successful business model in this area as well".

"Our common goal is to make Pylot the most important digitization platform in the long term for small and medium-sized enterprises in Germany", says Michael Hartwig. The current crisis in particular has shown how important it is to have fast and uncomplicated digitization aids for medium-sized companies. "With Pylot, any company can digitize their processes, products and services in a fast and easy way", says Hartwig.

Pylot bundles market-leading software solutions in one place and enables companies to increase their online visibility. The aim is to have a single digital cockpit to digitally control processes in the areas of marketing, finance or organization.  Pylot was founded in 2019 as a joint start-up by the SIGNAL IDUNA Group and finleap, Europe's leading Fintech ecosystem, in Berlin.

About finleap

finleap is Europe’s leading fintech ecosystem, based in Berlin with offices in Hamburg, Frankfurt, Milan, Madrid and Paris. finleap offers fintech SaaS solutions to various enterprises and builds stand-alone fintech companies. Founded in 2014 by IONIQ Group and Ramin Niroumand, finleap has already developed 17 ventures with its infrastructure and added others by acquisition to its ecosystem. These include companies such as solarisBank, the technology platform with a banking license, ELEMENT, a fully digital insurer, and PAIR Finance, a provider of data-based receivables management. finleap provides access to seed capital, a network of investors and experienced entrepreneurs as well as customers and top talents. The finleap group employs over 1.100 people from 80 nations.

Contact:

Solveig Rathenow

Head of Venture Communications

Mail: solveig.rathenow@finleap.com

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