Yapeal announces the departure of Thomas Hilgendorff

December 09, 2024

Yapeal regrets to announce that Thomas Hilgendorff, Co-Founder and currently Chief Commercial Officer, will leave Yapeal effective February 1, 2024.

Thomas Hilgendorff has been one of the defining figures of the company since Yapeal's founding in 2018 and has made a significant contribution during this time to obtaining the FINMA FinTech license, positioning the company as an emerging Swiss digital wallet, and most recently to the strategic realignment towards embedded finance solutions for corporate clients.

 

"After careful consideration, I have decided, that it is the right time for me to pursue new ventures outside of Yapeal and to spend more time with my family, following the intense years building the company. With the successful repositioning in the B2B business, the recruitment of Michael Eidel as the new CEO, and the further development of our excellent team, the foundation for the future has been successfully established. I wish the team every success for the future", says Thomas Hilgendorff.

 

"We thank Thomas Hilgendorff for his outstanding work and dedicated collaboration over the past years. Thomas has significantly shaped the company, and we wish him all the best for the future", says Werner Vontobel, Chairman of the Board of Yapeal.

 

Michael Eidel will integrate the sales and product team previously led by Thomas Hilgendorff into his area and further expand it to support the rapidly growing business activities with corporate clients and banks.

For further information, please contact:

Ole Göhring 

Head of Marketing & Communications 

Yapeal AG 

pr-media@yapeal.ch

About Yapeal 

Yapeal is a Swiss fintech company founded in 2018 and holds the first fintech license in Switzerland. With its unique Digital First platform, Yapeal offers companies and their end customers seamlessly integrated financial services (Embedded Finance Solutions). These solutions enable businesses to enhance customer experience, generate growth, improve efficiency, and increase profitability. Yapeal's headquarter is located in Zurich.