Michael Gastauer is a German entrepreneur, venture capitalist and philanthropist with global business experience specializing in financial technology. He is an advocate of the FinTech revolution and is globally ranked among the 100 most Influential People in FinTech.
Gastauer is the Founder and CEO of WB21 Group, a Financial Institution headquartered in Singapore with offices in Europe, Asia, North and Latin America. The WB21 Group is ranked amongst the fastest growing companies, reaching a US$ 2.2 Billion valuation in less than ten months (Forbes, September 2016), (HuffingtonPost, September 2016), (Entrepreneur, December 2016).
Originally from Germany, Gastauer founded his first company, a Swiss Asset Management firm by the age of 24. In less than three years the business acquired over CHF 1 Billion AUM, and was sold for CHF 16M to a Swiss Investment firm.
As one of the first in Europe, Michael Gastauer created an online payment system to offer global card acceptance and payment processing solutions for the eCommerce industry. Gastauer led the business to consistent growth and profitability, reaching a US$480M valuation, before it was sold in 2008.
After selling his second business, Michael Gastauer founded Gastauer Family Office (GFO), a single family office with US$2.1 Billion assets under management. The Gastauer Family Office has a venture capital arm investing in FinTech companies.
Michael Gastauer is the Founder and Chairman of Gastauer Foundation, a non profit organization providing financial inclusion to reduce the problem of 2.2 Billion people having no access to financial services.