MountWish helps corporates to insure currency risk and currently moves from Munich to New York

The interview was conducted as part of our participation at the Benzinga Global Fintech Awards (bzawards.com).

We are talking to Markus Wunsch (https://www.linkedin.com/in/markuswunsch/), CEO, Founder, and Chairman of the insurance startup MountWish (http://www.mountwish.org/). They made 2nd at the Benzinga Global Fintech Awards in New York in the category Forex Platform (https://benzingafintechawards.com/vote-2018/mount-wish/). The startup is in the process of relocating from Munich to New York as preparation of their planned 2019 IPO at the New York Stock Exchange. Learn more in the interview, e.g. how he came by an overdraft for his private account of 10 mn Euros and when he is planning to raise a pre-IPO venture capital round.

During the conversation Markus and Joern talk about:

Solvency II https://en.wikipedia.org/wiki/Solvency_II_Directive_2009

Forex is short for Foreign Exchange Market (the global currency market) https://en.wikipedia.org/wiki/Foreign_exchange_market

Exposure: https://www.investopedia.com/terms/f/financial-exposure.asp

Netting: https://www.investopedia.com/terms/n/netting.asp

Hedging: https://www.investopedia.com/exam-guide/series-3/studyguide/chapter3/hedging.asp

Derivatives (In general): https://en.wikipedia.org/wiki/Derivative_(finance)

Forwards (Derivatives): https://en.wikipedia.org/wiki/Forward_contract

Futures (Derivatives): https://en.wikipedia.org/wiki/Futures_contract

SPV – Special Purpose Vehicle https://en.wikipedia.org/wiki/Special-purpose_entity

For everybody who is curious, this is how Joern looks deep in stress and jetlag ☹

Find the original interview here: https://youtu.be/efXZYpsRl1A