Institutional grade custody and settlement services for fiat and digital assets

Koine Finance Ltd is an EMD Agent of PayrNet Limited, an Electronic Money Institution authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FCA reference number: 900594).

Koine's FCA reference number is: 902023.

our-story

Koine provide custody and settlement services that allow institutions to store digital assets securely and to trade them safely and efficiently.

Our solution has been designed to overcome the risk of client assets being hacked from exchanges and the current challenges of blockchain based settlement.Throughout 2019, the Koine offering will be enhanced to support Securities and ICOs.

Core aims of Koine

Provide a safe place for the custody of digital assets.

Establish bank grade levels of regulatory compliance and governance.

Provide continuous ownership of assets throughout trading.

Provide custody of fiat to enable payment and settlement of digital assets.

Minimise settlement and counter-party risk.

Ensure fast settlement and inter-exchange transfers with low cost.
services

Custody of digital assets

We will provide an integrated custody service for digital assets to institutional clients. Our custody service will allow clients to store digital assets securely and will be directly integrated with a number of crypto-exchanges to facilitate safe and efficient trading practices with instant settlement.

Settlement

We provide institutional grade custody for all trading styles, from passive holding to high-frequency trading, across multiple marketplaces with sub-millisecond settlement. Our service significantly reduces counter-party and settlement risks for fiat and digital asset trading and, with legal segregation of our clients assets, minimises any insolvency risks. Our solution provides real time settlement in multiple fiat and digital currencies.
standards

Transparency

We will provide real-time information about our liquidity and assets that back our issued digital tokens (on request and subject to the terms and conditions of each client agreement). We will provide risk statements on a quarterly basis to Koine clients on request.

Compliance

We will actively monitor all client accounts and transactions on an ongoing basis, using innovative digital intelligence to achieve and maintain regulatory requirements and standards. We will report any suspicious activity to the relevant authorities.

Security

Our systems are being developed, built and operated by experienced professionals who are used to running market-critical services. We will offer all our clients solutions to manage loss of access, theft and erroneous transfers.

Settlement

We will provide instant settlement (24/7) with a simple and transparent pricing structure. We do not have “banking hours”. FX can be integrated into transactions at wholesale market rates. Fees will be charged on a daily basis. We will offer automated dispute resolution and recovery for erroneous payments.
team

Working with world leading liquidity providers, institutions and marketplaces, Koine is led by a team of proven financial services executives with substantial experience in commercial banking, capital markets and payments.

Executive Leadership Team

  • Hugh Hughes
    Chairman & CEO

    Founder & former CEO & Chairman of Fixnetix. Former CEO of Société Générale in London.

  • Phil Mochan
    Co-Founder & CCO

    Broad experience in TMT & Payment sectors, as business founder, & consultant. Formerly FCA regulated Director of Principal Finance business. Mentor to entrepreneurs, board non-exec with young companies. Debt advisory business to growth businesses. Computer Engineer, Marketeer & Corporate Financier.

  • Nic Martin
    Managing Director

    Former CEO, BFC Bank. Completed a bank application process with PRA & established operating model & live governance.

  • Alex Wilkinson
    COO

    Former Principle of European Venture Fund COO /CRO, GKFX. GM, Clearing & Execution Services at INTLFCSTONE. Former MD, RBC Global Co-Head Futures & Base Metals. MD, Global Head Listed Derivatives. MD, Dresdner Kleinwort Benson. MD, Fimat Banque Ltd. (Société Générale).

  • Jonathan Smith
    CFO (Interim)

    Director of Finance & Planning at LCH & member of Group’s Finance & Operations. Executive Former Head of Integration Finance at Lloyds Banking Group.

  • Francesco Roda
    CRO/Treasurer

    Former Treasurer, Starling Bank. Completed a bank application process with PRA. Experienced crypto-currency & blockchain professional. Member of Identity Steering Committee for EEA. Very early investor in cryptos.

  • Matt Dangerfield
    CTO

    Former CTO, Fixnetix, Cobalt. Established first private blockchain infrastructure for capital markets. Built & ran market-critical infrastructure. Advisor to Crypto-exchanges.

  • Jason Mochine
    Head of Sales

    Over 30 years' experience occupying commercial roles at FinTech firms in market data & trading technology such as Citgroup, Reuters, SIX & Fixnetix.

  • David Grocott
    CIO

    Former European Head of Connectivity, Global Markets, Deutsche Bank & former Interim COO, Cobalt DLL.

Co-Founder and Non Executive Directors

  • Al Moore
    Co-Founder

    Formerly an FCA regulated director of Tullett Prebon Equities & Securities, co-founded Fixnetix in 2007 (Winner of the Deloitte Fast 50 – the fastest growing technology company in the UK in 2011). Technology entrepreneur & non- exec director of multiple tech start-ups.

  • Ken Allan
    INED

    Former Global Lead Partner EY (Ernst & Young) Cybersecurity practice. Former Global Lead Cybersecurity Partner, PA Consulting. Cybersecurity Advisor NATS (UK National Air Traffic Services) board. Cybersecurity Advisor to GSK CISO Office.

  • Michael Chambers
    INED, Chair of Audit & Compliance

    Former Chief Executive of BACS (UK payments service). Previously at Barclays working in Payments.

  • Steve Betteridge
    INED, Chair of NORICO

    Former Interim COO of Banking Services at Bank of England. Formerly Head of Payments Operations at Lloyds Banking Group.

  • John Wisbey
    INED Chair of Risk

    Founder and former CEO of Lombard Risk. Former Head of Derivatives at Kleinwort Benson.

  • Hugh Hughes
    Chairman & CEO

    Founder & former CEO & Chairman of Fixnetix. Former CEO of Société Générale in London.

  • Phil Mochan
    Co-Founder & CCO

    Broad experience in TMT & Payment sectors, as business founder, & consultant. Formerly FCA regulated Director of Principal Finance business. Mentor to entrepreneurs, board non-exec with young companies. Debt advisory business to growth businesses. Computer Engineer, Marketeer & Corporate Financier.

  • Nic Martin
    Managing Director

    Former CEO, BFC Bank. Completed a bank application process with PRA & established operating model & live governance.

  • Alex Wilkinson
    COO

    Former Principle of European Venture Fund COO /CRO, GKFX. GM, Clearing & Execution Services at INTLFCSTONE. Former MD, RBC Global Co-Head Futures & Base Metals. MD, Global Head Listed Derivatives. MD, Dresdner Kleinwort Benson. MD, Fimat Banque Ltd. (Société Générale).

  • Jonathan Smith
    CFO (Interim)

    Director of Finance & Planning at LCH & member of Group’s Finance & Operations. Executive Former Head of Integration Finance at Lloyds Banking Group.

  • Francesco Roda
    CRO/Treasurer

    Former Treasurer, Starling Bank. Completed a bank application process with PRA. Experienced crypto-currency & blockchain professional. Member of Identity Steering Committee for EEA. Very early investor in cryptos.

  • Matt Dangerfield
    CTO

    Former CTO, Fixnetix, Cobalt. Established first private blockchain infrastructure for capital markets. Built & ran market-critical infrastructure. Advisor to Crypto-exchanges.

  • Jason Mochine
    Head of Sales

    Over 30 years' experience occupying commercial roles at FinTech firms in market data & trading technology such as Citgroup, Reuters, SIX & Fixnetix.

  • David Grocott
    CIO

    Former European Head of Connectivity, Global Markets, Deutsche Bank & former Interim COO, Cobalt DLL.

Co-Founder and Non Executive Directors

  • Al Moore
    Co-Founder

    Formerly an FCA regulated director of Tullett Prebon Equities & Securities, co-founded Fixnetix in 2007 (Winner of the Deloitte Fast 50 – the fastest growing technology company in the UK in 2011). Technology entrepreneur & non- exec director of multiple tech start-ups.

  • Ken Allan
    INED

    Former Global Lead Partner EY (Ernst & Young) Cybersecurity practice. Former Global Lead Cybersecurity Partner, PA Consulting. Cybersecurity Advisor NATS (UK National Air Traffic Services) board. Cybersecurity Advisor to GSK CISO Office.

  • Michael Chambers
    INED, Chair of Audit & Compliance

    Former Chief Executive of BACS (UK payments service). Previously at Barclays working in Payments.

  • Steve Betteridge
    INED, Chair of NORICO

    Former Interim COO of Banking Services at Bank of England. Formerly Head of Payments Operations at Lloyds Banking Group.

  • John Wisbey
    INED Chair of Risk

    Founder and former CEO of Lombard Risk. Former Head of Derivatives at Kleinwort Benson.