Doron Cohen

Doron Cohen is CEO of Covercy. He founded the company in 2015 to break the stranglehold the traditional banks have on the international business money transfer market (with 95% of payments around the world handled by them in this sector). During his days as a co-founder and co-CEO of Leverate, a leading forex technology provider, he saw how expensive the SWIFT international payments network was. Unlike others, coming from the FX world, he knew that it could be done differently - and Covercy was born. He set the company up to reduce this cost to businesses by 20-80% and level the playing field for SMEs and is an outspoken critic of the SWIFT international payment network, going so far as to suggest it “is dead”. A transaction with his company takes typically 24 hours and it is fully licensed by the UK’s Financial Conduct Authority (FCA) as an authorised payment institution.

How lack of regulation will splinter cross-border payments
Bank Strategy

How lack of regulation will splinter cross-border payments

Doron Cohen