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NetCents Recruits Finance VP with Significant Transactional and Capital Formation Experience

April 27, 2020, 09:00 AM

NetCents, a disruptive cryptocurrency payments technologies company, is pleased to announce the recruitment of Marcus Laun as Vice President of Corporate Finance.

Mr. Laun will be filling a newly created position of VP of Corporate Finance working with the CEO, Clayton Moore. His duties will include developing and managing a global network of financial services partners and working closely with the newly formed Board of Advisors in managing the global nature of NetCents' opportunities. Additionally, the Board of NetCents has determined that developing an institutional investor-base will be a priority as it matures, Mr. Laun will be directly responsible for those relationships.

"Mr. Laun's experience in financial services will pave the way to building and growing the relationships and managing the inquiries that are coming to NetCents daily," stated Clayton Moore, Founder & CEO of NetCents Technology.

"Many things attracted me to the opportunity at NetCents, but mostly Clayton's vision and willingness to take calculated risk. NetCents is a payments technology company that pivoted into crypto, predicting that these technologies will change the way business is done. This story is a parallel to what Sandy Weill did back in the 1970s, where he used financial technology efficiencies to fund a Mergers and Acquisition spree that resulted in Shearson, which was acquired by American Express for $930 million and was the second-largest brokerage firm in the US. Seeing that technology was going to upend the status quo and positioning the Company accordingly, is what truly excites me about NetCents. Shearson, Lehman American Express was the first Financial Supermarket, and Clayton Moore is creating a Financial Supermarket but with a crypto backbone." Stated Marcus Laun.

"There is even a parallel with my own career and the bright future of NetCents. I was a Managing Director at Knight Capital Group, a company whose entire existence was spurred by a tidal change of brokerage commission decimalization. Knight ultimately rose to become the largest market maker in the North American market, based on having the most efficient trading systems in the industry," concluded Mr. Laun.

Laun has spent the past twenty years as a founding principal or senior advisor to over fifteen publicly and privately held companies. His experience includes advising and investing in an organic food brand company that sold for $250mm. Mr. Laun has also advised and raised capital for companies in the Solar, Wind, Oil and Gas, and Alternative Fuel industries.

Prior to his corporate and entrepreneurial endeavours, Mr. Laun worked as an Investment Banker rising to the position of Managing Director for Knight Capital Group, where he managed syndicates for over $500 million in financing. He has a BS in Hotel Management from Cornell University and an MBA from Columbia University.

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