Ion Pacific’s Appointment of Itai Damti reported in Finance Magnates

Leverate’s Co-Founder and APAC CEO Appointed as Ion Pacific Special Advisor. In Tandem with his role at the tech provider, Damti acts as a fintech mentor.

By Dan Magen from Finance Magnates

Itai Damti, one of Leverate’s co-founders and currently its Asia-Pacific CEO, has been appointed as Special Advisor at Ion Pacific, an investment and merchant banking firm registered by the UK Financial Conduct Authority (FCA) and licensed in Hong Kong by the SFC.

Ion Pacific commented: “Ion Pacific is very happy to announce that Itai Damti has joined Ion Pacific as a Special Advisor. Itai brings a wealth of knowledge of cryptocurrencies, data science, machine learning and hardware. We look forward to doing great things together.”

Itai Damti said: “Ion Pacific is a global investment and merchant bank, headquartered in Hong Kong. Its culture, location and global network put it in a perfect position to spot cross-border opportunities in areas that matter, from robotics to fintech. Over the last year, Ion demonstrated the power of its thesis and flexibility of capital provision by leading remarkable technology deals. The founders, Itamar Har-Even and Michael Joseph, struck me immediately as entrepreneurial, forward-thinking people who thrive on great relationships. I’m proud to be part of the unique team they’re building.”

Located in Hong Kong in his current role, Mr Damti also serves as CEO of the fintech consulting company Antifragile, registered since December 2016. In his 9 years at Leverate, Damti has held the roles of CEO and VP Products.

On top of the aforementioned roles, Mr Damti is an active mentor of five different fintech accelerators: HAX in China, Barclays Techstars in Israel, and Bluprint, Founder Institute and Paperclip Amplifi of Hong Kong.

In contrast to Damti and Leverate CTO Doron Somech, Leverate’s other founding fathers Ran Strauss and Doron Cohen no longer hold active roles in the managing team of the company. Cohen went to head his own payments start-up Covercy alongside his role as chairman of the Leverate board, while Strauss stepped down as CEO in early 2015. He retains a non-executive board position.

This article was also published in Finance Magnates as “Leverate’s Co-Founder and APAC CEO Appointed as Ion Pacific Special Advisor”