Swiss Fintech company Numarics joins forces with top ten accounting firm A&O Kreston

The Swiss fintech company Numarics AG merges with the several award-winning fiduciary company a&o kreston ag. The startup Numarics, founded in 2020, thus completes another important growth step in the company’s still short history. a&o kreston is number four in the category 50 to 249 employees and thus one of the leading fiduciary companies in Switzerland.

Numarics was founded by trustees, auditors and experts in technological process automation as a fintech company focused on increasing efficiency in the accounting sector through optimized interaction between fiduciary experts and digital ecosystems. Just a few weeks ago, Numarics announced a partnership with UBS, a major Swiss bank. Numarics offers an integrated, intuitive and seamless end-to-end solution for digitized trust services. Last year, Numarics won the prestigious Best of Swiss App award.

With the merger, a highly qualified team of 70 trustees, tax advisers and auditors at five locations in German-speaking Switzerland joins Numarics. The number of customers at Numarics thus rises to over 3,000. The expert team now works under the slogan and philosophy: ‘We talk numbers’.

Dominique Rey

Dominique Rey, co-founder and CEO of Numarics, on the merger:

“The purchase of a&o kreston is an important milestone in the development of our Fintech. With the merger, we not only merge with a first-class fiduciary company, but also gain unique expertise. This expertise of a&o kreston means a quantum leap for Numarics.”

Rey, a certified public accountant, will continue to serve as CEO of Numarics.

Emre Özdemir, certified public accountant and managing director of a&o kreston, explains:

“The vision of combining the expertise of our company with the technology-based approach of Numarics convinced the partners of a&o kreston from the very beginning. We are therefore consistently following the path to digitization of the business of trust experts. We look forward to implementing this vision together with our colleagues at Numarics .”

Emre Özdemir will take over the core business of Fiduciary Operations at Numarics and, together with it, the Customer Success division in German-speaking Switzerland.

Benjamin Merkli, who is a partner and head of tax as a certified tax and fiduciary expert at a&o kreston ag, will be responsible for the specialized service areas at Numarics, including taxes and payroll and personnel administration, and will also act as CFO.

Kristian Kabashi, expert in business process technology, specialist in M&A and internal operations and co-founder of Numarics, has helped lead the development of the Numarics solution and will continue to lead the international product and engineering team.

Angela Beltrame, who as a partner leads the Payroll Division in a&o kreston ag, will take over this function in the merged group. Bora Erbil, partner in a&o kreston, will now lead the department for marketing and digital communication.

Manuel Vogel, PhD economist and certified tax expert, former chairman and partner of A&O Kreston, will continue to contribute with his first-class and excellent knowledge in (international) VAT. Volker Doberanzke, professor of finance, founder and chairman of Numarics will follow the role of Chief Strategy Officer. Manuel Vogel and Volker Doberanzke will alternately manage the board of Numarics.