Biometric Cards Specialist Zwipe Names Esteemed Finance Exec as New CFO and Head of IR

An accomplished finance professional is Zwipe‘s new Chief Financial Officer and Head of IR.

A Harvard graduate, Danielle Glenn spent most of her career in London and New York, having got her start as an analyst and trader for Goldman Sachs before moving on to act as a portfolio manager for Caxton Associates and then CEO and Chief Investment Officer for Bywater Capital.

In 2016, she moved to Oslo, marking the beginning of a period of involvement in up-and-coming Norwegian companies including Sensee (where she was CEO from 2018 to 2019), Forkbeard Technologies, Sonitor, and, most recently, Arctic Bioscience, where she has served as Chief Financial Officer since July 0f 2020.

Glenn will assume her new role with Zwipe on May 1 of this year, taking the position of Lars Kristian Solheim, who “has decided to pursue other opportunities,” according to a statement from Zwipe.

“On behalf of the whole management team and Board, I would like to thank Lars Kristian for his hard work and unquestionable dedication,” commented Zwipe CEO André Løvestam. “He has acted as CFO during an important and transformative stage in our growth story, providing valuable contributions and wise counsel.”

Glenn, meanwhile, will be joining the company at an exciting new stage in its growth, with Løvestam having recently predicted that Zwipe is on the cusp of a commercial breakthrough heading into 2022 as various stakeholders in the emerging biometric payment cards space prepare for large-scale commercial launches. As a provider of biometric technology tailored for fingerprint-scanning cards, Zwipe has been busy building an international partner network in anticipation of the mainstreaming of biometric cards.

Glenn will play an instrumental role in helping Zwipe to capitalize on these shifts, Løvestam explained.

“Danielle’s background as a CFO operating at the intersection of finance, commercial operations, technology and investor relations in fast-growing companies as well as her deep experience from international capital markets will provide us with the financial skill set we need to increase long-term stakeholder value in the coming years,” he said.

For her part, Glenn expressed excitement about joining “a Norwegian company with global ambitions and an impressive international team,” noting that she is “impressed by the innovation Zwipe is demonstrating in the fintech space”.

The announcement of Glenn’s appointment comes after Zwipe the head of the Central Bank of Iraq officially endorsed Zwipe as a tech innovation partner for the country’s financial services sector earlier this month.

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January 31, 2022 – by Alex Perala