London, 10 September 2024 – Quant, the digital finance pioneer, today announced the appointment of Lenna Russ in the newly created role of Chief Commercial Officer. Russ joins from Tradeteq, the leading private debt and trade finance marketplace, where she spent three years as Chief Revenue Officer.
During her time at Tradeteq, Russ oversaw several major milestones. These include a $12.5m Series A Plus funding round, the opening of a new Dubai office, and membership of the FCI – the global representative body for factoring and financing of Open Account Domestic and International Trade Receivables.
At Quant, Russ will apply her extensive leadership skills, commercial acumen and knowledge of the financial technology landscape to spearhead the company’s commercial operations and support its continued growth. She will take accountability of several existing teams, including marketing, sales and product development.
“I’m delighted to join the leadership team at Quant at what feels like something of a pivotal juncture,” says Lenna Russ, Chief Commercial Officer, Quant. “There is now strong momentum behind financial services firms pursuing the new revenue lines and reduced risk enabled by tokenised deposits, programmable payments, and digital assets. I’m incredibly excited to be joining a company that is at the forefront of this transition. Having already completed successful projects on the digital pound and the Regulated Liability Network (UK), Quant has a proven track record of developing innovative customised solutions across payments and capital markets. I’m really looking forward to helping our clients achieve the immense benefits of true ‘digital finance’.”
Gilbert Verdian, Founder and Chief Executive Officer at Quant, adds: “Lenna combines knowledge of technological innovation and traditional finance with a pragmatic, customer-first commercial approach. This is exactly the type of expertise we need to help propel our clients to new heights by empowering financial institutions and enterprises to capitalise on the possibilities afforded by digital money and programmable digital assets. We’re thrilled to have her on board.”
Russ brings more than 20 years of experience in the consulting, financial services and SaaS space. Prior to working at Tradeteq, she was Global SVP Commercial at technology firm, Polecat, and spent more than a decade heading up the enterprise group at NICE Satmetrix.
Notes to editors
Media contact
Andrew Carrier
Chief Marketing Officer
Quant
Email: andrew.carrier@quant.network
About Quant
Quant is the foundation of digital finance.
Assets of all kinds, from sovereign currencies to funds, are being tokenised on distributed ledgers – making their ownership immutable, their provenance traceable and their use programmable. Our patented technology makes all this simple, trusted and future-proof.
We help regulated financial institutions and other enterprises to dramatically reduce their time-to-market, create new revenue lines, and mitigate risk by delivering digital currency, payments and capital markets projects with security, resilience, and compliance front of mind >
Founded in 2018, Quant is UK-based with global reach. We spearheaded the Blockchain ISO Standard TC307 adopted by 57 countries and solved DLT interoperability with the creation of the world’s first API-based blockchain platform. This technology, the same as that relied on by our institutional customers, is now available to any developer, regardless of their sector or level of blockchain expertise: Overledger, the enterprise standard for building on blockchain >
To find out more, visit our website >