LONDON – 26 April 2022 – Martin Rauchenwald, a Partner at Financial Services Capital (“FSC”), the private equity investor dedicated to the transformation of the European financial services sector, has been appointed to the Board of Barion, a Hungarian payment provider backed by FSC.
Barion, in which FSC invested in 2020, is one of Hungary’s leading payment providers, having built a proprietary payment services platform that delivers actionable data intelligence. The company enables merchants to accept card payments online, and allows users to pay in over 11,000 online shops using their mobile app as a prepaid wallet and for wire transfers.
Rauchenwald joined FSC in 2020 with a 20-year career in the financial services industry behind him. He has held senior management roles, including a number of executive board positions, at UniCredit Group, where he worked across offices in Munich, London, Vienna and Moscow with a focus on growing and restructuring businesses. Martin also co-founded Ithuba Capital AG, a financial markets advisory and technology-enabled portfolio wind-down specialist. After a successful exit, he joined Oliver Wyman as a Partner for financial services to drive the transformation of financial services companies.
Martin graduated from the University of Santander, Spain, and has an MBA specialising in banking and insurance from the Karl Franzens University in Austria.