23 April 2024
Under the Radar: Saxo’s founder and CEO Kim Fournais sheds light on investors sentiment, pricing revamp and changes in leadership at the investment firm
It’s all about sentiment within financial markets today as we speak to one of the earliest fintech companies in the world. .
Founded in 1992, our guest is Saxo is an international investment firm for investors and traders under the supervision of the Danish FSA, with a reach of over 2,500 professionals around the world including in key financial hubs such as Singapore.
Its investment platform provides users access to global capital markets across asset classes, while its open banking technology powers over 200 financial institutions to enhance their investment experience.
Why are we talking to Saxo you might ask? Well, with economic data out of the US coming in hot in the early months of the year, putting into question the Federal Reserve’s rate cut timeline, a property slump in China, and ongoing geopolitical tensions around the world – we want to find out how if investors’ are indeed on a risk-off mode right now, and if that has influenced demand for investment products investment platform.
The firm also revamped its pricing structure to lower trading costs for customers in March this year – but how far has that got to do with the wider business environment and the competitive landscape of the global online trading platform market?
More recently, the firm was reportedly said to be exploring a possible sale after talks to go public through a SPAC merger fell through. But what were the reasons behind the move and what can we expect from here?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Kim Fournais, Founder and CEO of Saxo.

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