
Noah Herman, formerly Director of Treasury Services for Circle, has joined the [Fortris](/) leadership team as Chief Revenue Officer.

Prior to his role at Circle, a leading blockchain-focused financial services company, Noah ran enterprise sales and business development for the financial planning software startup Advizr.

Coming from a fintech and banking background, he is well placed to reflect on the growth of digital asset adoption in enterprise business and at an institutional level.

“Almost every single one of the major banks, and some of the largest corporates in the world, are finding ways that they can use digital assets on the balance sheet and in their commercial endeavors,” Noah says.

“To me, that says that we are now into the formal adoption stage of digital assets generally, and Bitcoin specifically. And what’s driving that change is almost always customer demand.”

To fully integrate crypto into their operations, however, businesses need solutions that work seamlessly with legacy financial systems.

“Having spent a couple of years working with the largest institutions in the world to facilitate their adoption of digital assets, I’ve been at the table firsthand to understand what the challenges are. Fortris is extremely well positioned to be able to solve some of those key infrastructural issues.

“There are a lot of reasons why I’m excited to join the company now, but perhaps the prime one is that it is well established. Fortris has had an existing base of high-volume institutional clients for some time and is thus proven in its technology and its application.

“At its core, Fortris is a security-first platform that’s built to the Bitcoin standard from top to bottom, with a focus on excellent user experience. It’s a combination that’s not easy to find in this space, and it makes the Fortris platform very attractive.”


Fortris appoints ex-Circle executive Noah Herman as CRO

Málaga-based fintech company Fortris has announced a strategic partnership with BlockZero Advisors, a prominent Canadian management consulting firm specializing in blockchain innovation and web3.

Fortris provides corporations with the tools to seamlessly integrate digital assets into their treasury operations, ensuring secure and compliant transactions and reporting. BlockZero offers a range of services ranging from strategic planning to risk assessments, helping businesses navigate and implement these technologies.

Together, Fortris and BlockZero are dedicated to fostering sustainable digital transformation, empowering clients to leverage digital assets as integral components of their operations.

Noah Herman, Chief Revenue Officer at Fortris, said: "BlockZero's domain expertise in the transformation of financial infrastructure, digital assets, and blockchain innovation aligns perfectly with the most pressing needs for and guidance around integrating digital and employing the technology to futureproof balance sheet operations around the globe."

Marie-Chantal Leduc, BlockZero’s Executive Director, said: “While the integration of Fortris infrastructure is technological, the strategic choices, the planning, the operationalization of it, and the assessment is beyond technological. Fortris has built institutional-grade infrastructure, and recognizes the relevance of the advisory services BlockZero provides for their clients’ journey.”

About Fortris

Based in Málaga, Spain, Fortris is a leading provider of digital asset integration services for enterprise treasury operations.

Founded in 2017 by a team of payment and security veterans, Fortris gives organizations the technology and expertise to embrace digital asset transformation in a secure and simplified manner.

This comprehensive approach allows Fortris clients to handle a wide range of financial operations, from liquidity optimization to cross-border transactions, all within the digital asset framework.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech).

For updates on Fortris’ events and activities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">X (formerly known as Twitter)</a>.

About BlockZero Advisors

BlockZero Advisors is a Canadian management consulting firm specializing in emerging financial technology infrastructure.

The firm is the trusted advisor of financial institutions, fintech, regulators, and traditional businesses in blockchain, digital assets and artificial intelligence transformation.

BlockZero offers a range of services, including strategic advisory, operational advisory, deal advisory, risk advisory and technology advisory. BlockZero Advisors serves clients in North America and globally.

Website: <a href="https://blockzero.ca" target="_blank">https://blockzero.ca</a>

Linkedin: <a href="https://www.linkedin.com/company/b0" target="_blank">https://www.linkedin.com/company/b0</a>

Fortris announces strategic partnership with BlockZero

A new report based on a survey of 100 C-suite executives from US-based companies holding crypto on their balance sheets reveals hybrid custody models are the preferred approach for managing digital assets, with companies of all sizes tending to look beyond single-provider solutions.

The State of Crypto Custody report is published by digital assets treasury operations company Fortris. Its data shows 53% of respondents hold funds in an exchange account, 43% practice self-custody (managing their own cryptographic private keys), 36% use a single third-party custodian, and 33% use multiple third-party custodians. Only 39% of respondents chose just one of the above methods, showing a trend toward combining custody solutions.

### Other key findings:

- Openness to self-custody: An overwhelming 86% of those not yet practicing self-custody expressed an interest in adopting it in the future.
- Compliance is paramount: Regulatory challenges remain top of mind, with 41% of respondents citing compliance support as a priority when selecting their current custody solution, while 83% had encountered regulatory or compliance challenges.
- Knowledge gap remains a barrier: Lack of in-house crypto expertise is a significant barrier, with 71% of respondents citing this as a factor in difficulties or delays in integrating crypto assets.

“This survey paints a clear picture of an evolving corporate crypto landscape,” said Noah Herman, Fortris Chief Revenue Officer. “While self-custody is gaining interest, it’s evident that companies require more support from custodians and custody technology providers to navigate compliance, operational risks, and integration challenges.”

The report also highlights a demand for "custody-plus" solutions, where companies look to custody providers for services beyond safekeeping — such as trading, compliance support, and integration with traditional financial systems.

About the survey

The executives surveyed came from 16 different industry verticals, with the finance industry being the largest group represented (39% of respondents). Participants represent companies ranging from small firms to large enterprises with over 500 employees.

The research was conducted by Censuswide, among a sample of 100 18+ US C-suites from companies that hold crypto on balance sheet. The data was collected between 25.10.2024 - 31.10.2024. Censuswide abides by and employs members of the Market Research Society and follows the MRS code of conduct and ESOMAR principles. Censuswide is also a member of the British Polling Council.

To download the full report, The State of Crypto Custody, visit <a href="https://www.fortris.com/crypto-custody-survey" target="_blank">www.fortris.com/crypto-custody-survey</a>

About Fortris

[Fortris](/) is a leading provider of digital asset integration services for enterprise treasury operations. Founded in 2017 by a team of payment and security veterans, Fortris gives organizations the technology and expertise to embrace digital asset transformation in a secure and simplified manner.

This comprehensive approach allows Fortris clients to handle a wide range of financial operations, from liquidity optimization to cross-border transactions, all within the digital asset framework.

Follow Fortris online at <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">X (formerly Twitter)</a>.

Survey reveals hybrid custody as leading strategy among businesses holding crypto

Today Fortris and IBM announced that the companies are collaborating to leverage IBM’s industry-leading cloud cryptography and confidential computing capabilities through <a href="https://www.ibm.com/products/hyper-protect-virtual-servers/cloud" target="_blank">IBM Cloud Hyper Protect Services</a>, with the Fortris digital asset treasury operations platform.

This collaboration allows Fortris to provide its corporate users with enhanced tools to securely hold and operate with digital assets such as Bitcoin, minimizing counterparty risks and simplifying complex operations, while remaining in full control over their digital asset keys (known as self-custody).

Fortris CEO, Shane Lourensse, said: “This move will make self-custody easier for institutions and enterprise business. As a trusted provider of security infrastructure, IBM is an industry leader in building innovative confidential computing solutions. We’re proud to be partnering with them to further our mission of supporting widespread corporate adoption of Bitcoin”.

The Fortris platform lets enterprise and institutional clients streamline their digital asset treasury workflows. Fortris will now integrate <a href="https://www.ibm.com/products/hyper-protect-virtual-servers/cloud" target="_blank">IBM Cloud Hyper Protect Services</a>, which offers the industry's only encryption service based on a hardware security module certified to FIPS-140-2 Level 4.\*

This allows Fortris´ clients to operate with 'Keep Your Own Key' (KYOK) capability, retaining sole access and control to their crypto keys. This means, by engineering design, IBM does not have access to clients’ keys even if it is running in the IBM Cloud, so data is protected end-to-end while "in use", "in transit" or "at rest". These enhanced security capabilities help clients mitigate the risk of malicious external or internal actors manipulating workflows, viewing confidential data or getting access to digital assets, and are truly independent of whether they use the infrastructure on-premise, in a hybrid setup or in a multi-cloud environment.

“Everything we do at Fortris is filtered through the lens of the institution,” said Fortris CRO, Noah Herman, “and IBM’s provenance and domain expertise provides the state-of-the-art infrastructure that our institutions demand to maintain complete control and authority over their own assets. Leveraging IBM Cloud and confidential computing capabilities further aligns our digital asset self-custody solution with corporates’ existing enterprise operations and processes”.

Rodrigo Hornos, Principal IBM Cloud Compliance Specialist Manager, said: “IBM Cloud has a long history of working with clients in financial services and other highly regulated industries, especially when it comes to helping them to drive innovation while protecting their sensitive data. We are proud to support Fortris, and their corporate clients, to manage their digital assets securely”.

According to IBM´s annual <a href="https://www.ibm.com/reports/data-breach" target="_blank">“Cost of a Data Breach Report”</a>, the global average cost of a data breach reached $4.45 million in 2023 – an all-time high for the report and a 15% increase over the last 3 years. Detection and escalation costs jumped 42% over this same time frame, representing the highest portion of breach costs, and indicating a shift towards more complex breach investigations. 82% of breaches involved data stored in the cloud. Organizations must look for solutions that provide visibility across hybrid environments and protect data as it moves across clouds, databases, apps and services.

About Fortris

Based in Málaga, Fortris is a world leader in digital asset treasury operations for institutions and enterprise business.

Founded in 2017 by a team of payment and security veterans, Fortris gives companies the tools to hold digital assets and use them in business operations such as cross-border payments and payroll.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech). The company has been recognized as one of Europe’s fastest-growing companies in a <a href="https://www.ft.com/ft1000-2023" target="_blank">special report</a> by London's Financial Times and has been repeatedly certified one of Spain's <a href="https://greatplacetowork.es/best-workplaces-malaga-2022/" target="_blank">best places to work</a>.

For updates on Fortris’ events and activities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

About IBM

To learn more about IBM Cloud, visit: <a href="https://www.ibm.com/cloud?lnk2=learn_CloudComputing&lnk=STW_US_CLP_L2_TL" target="_blank">www.ibm.com/cloud/</a>

\*Only clients or their trustees control their assets—not EOS Technology Solutions, nor IBM. Clients are issued special IBM smart card HSMs (FIPS 140-2 Level 3) to ensure the root of trust. During a trusted key ceremony, these smart cards collectively generate AES256 bit key parts that are securely transferred to the platform’s HSM and assembled into a master wrapping key inside an isolated HSM (FIPS 140-2 Level 4) domain. Only the client retains control of their master wrapping key. HSM domains are highly isolated and protected by 360-degree envelope tamper detection and response.

Fortris and IBM collaborate to minimize counterparty risks in digital asset treasury operations with IBM Cloud and its confidential computing technology

Fortris e IBM han anunciado hoy que las compañías están colaborando para aprovechar las capacidades, líderes del sector, de criptografía en la nube y confidential computing de IBM a través de <a href="https://www.ibm.com/products/hyper-protect-virtual-servers/cloud" target="_blank">IBM Cloud Hyper Protect Services</a>, en la plataforma de operaciones de tesorería de activos digitales de Fortris.

Esta colaboración permite a Fortris proporcionar a sus usuarios corporativos herramientas mejoradas para mantener y operar de forma segura con activos digitales como Bitcoin, minimizando los riesgos de contraparte y simplificando las operaciones complejas, al tiempo que mantienen el control total sobre las claves de sus activos digitales (lo que se conoce como auto-custodia).

Shane Lourensse, Consejero Delegado de Fortris, ha declarado: "Esta medida facilitará la auto-custodia a instituciones y empresas. Como proveedor de confianza de infraestructuras de seguridad, IBM es líder del sector en la creación de soluciones de confidential computing innovadoras. Estamos orgullosos de asociarnos con ellos para impulsar nuestra misión de apoyar la adopción generalizada de Bitcoin por parte de las empresas".

La plataforma de Fortris permite a los clientes empresariales e institucionales agilizar sus flujos de trabajo de tesorería de activos digitales. Fortris integrará ahora <a href="https://www.ibm.com/products/hyper-protect-virtual-servers/cloud" target="_blank">IBM Cloud Hyper Protect Services</a>, que ofrece el único servicio de cifrado del sector basado en un módulo de seguridad de hardware certificado según FIPS-140-2 Nivel 4.\*

Esto permite a los clientes de Fortris operar con la capacidad "Keep Your Own Key" (KYOK), conservando el acceso y control exclusivos de sus claves criptográficas. Esto significa que, por diseño de ingeniería, IBM no tiene acceso a las claves de los clientes, incluso si se está ejecutando en la nube de IBM, por lo que los datos están protegidos de extremo a extremo mientras están "en uso", "en tránsito" o "en reposo". Estas capacidades de seguridad mejoradas ayudan a los clientes a mitigar el riesgo de que actores maliciosos externos o internos manipulen flujos de trabajo, vean datos confidenciales u obtengan acceso a activos digitales, y son realmente independientes de si utilizan la infraestructura en las instalaciones, en una configuración híbrida o en un entorno multicloud.

"Todo lo que hacemos en Fortris se filtra a través de la lente de la institución", dijo el CRO de Fortris, Noah Herman, "y la experiencia de dominio y procedencia de IBM proporciona la infraestructura de vanguardia que nuestras instituciones exigen para mantener el control y la autoridad completos sobre sus propios activos. Aprovechar las capacidades de IBM Cloud y de confidential computing alinea aún más nuestra solución de auto-custodia de activos digitales con las operaciones y procesos empresariales existentes de las corporaciones".

Rodrigo Hornos, Gerente Principal Especialista en Cumplimiento de IBM Cloud, dijo: "IBM Cloud tiene un largo historial de trabajo con clientes de servicios financieros y otras industrias altamente reguladas, especialmente cuando se trata de ayudarles a impulsar la innovación al tiempo que protegen sus datos confidenciales. Estamos orgullosos de apoyar a Fortris, y a sus clientes corporativos, a gestionar sus activos digitales de forma segura".

Según el informe anual de IBM <a href="https://www.ibm.com/reports/data-breach" target="_blank">“Cost of a Data Breach Report”</a>, el coste medio global de una brecha de datos alcanzó los 4,45 millones de dólares en 2023, un máximo histórico para el informe y un aumento del 15% en los últimos 3 años. Los costes de detección y escalado aumentaron un 42% en este mismo periodo, lo que representa la mayor parte de los costes de las brechas e indica un cambio hacia investigaciones de brechas más complejas. El 82% de las brechas afectaron a datos almacenados en la nube. Las organizaciones deben buscar soluciones que ofrezcan visibilidad en entornos híbridos y protejan los datos cuando se mueven entre nubes, bases de datos, aplicaciones y servicios.

Acerca de Fortris

Con sede en Málaga, España, Fortris es líder mundial en operaciones de tesorería de activos digitales para instituciones y negocios empresariales.

Fundada en 2017 por un equipo de veteranos en pagos y seguridad, Fortris ofrece a las empresas las herramientas para mantener activos digitales y utilizarlos en operaciones comerciales como pagos transfronterizos y nóminas.

Fortris es miembro de la <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (Asociación Española de FinTech e InsurTech). La empresa ha sido reconocida como una de las empresas de más rápido crecimiento de Europa en un <a href="https://www.ft.com/ft1000-2023" target="_blank">informe especial</a> del Financial Times de Londres y ha sido certificada en repetidas ocasiones como uno de los <a href="https://greatplacetowork.es/best-workplaces-malaga-2022/" target="_blank">mejores lugares para trabajar de España.</a>

Para consultas de los medios de comunicación, póngase en contacto con press@fortris.com

Acerca de IBM

Para más información sobre IBM Cloud, visite: <a href="www.ibm.com/cloud/" target="_blank">www.ibm.com/cloud/</a>

\*Sólo los clientes o sus fideicomisarios controlan sus activos, no EOS Technology Solutions ni IBM. Los clientes reciben tarjetas inteligentes HSM especiales de IBM (FIPS 140-2 Nivel 3) para garantizar la raíz de la confianza. Durante una ceremonia de claves de confianza, estas tarjetas inteligentes generan colectivamente partes de claves AES256 bits que se transfieren de forma segura al HSM de la plataforma y se ensamblan en una clave maestra envolvente dentro de un dominio HSM aislado (FIPS 140-2 Nivel 4). Sólo el cliente conserva el control de su clave envolvente maestra. Los dominios HSM están altamente aislados y protegidos mediante la detección y respuesta a la manipulación de sobres en 360 grados.

Fortris e IBM colaboran para minimizar los riesgos de contraparte en las operaciones de tesorería de activos digitales con IBM Cloud y su tecnología de confidential computing

Fortris is proud to announce its membership into the <a href="https://www.asociacionfintech.es/" target="_blank">Asociación Española de FinTech & InsurTech (AEFI)</a> and is looking forward to collaborating with the association’s other members. The association consists of 146 members that represent a variety of financial verticals within the FinTech ecosystem.

The main purpose of AEFI is to create an ideal environment within Spain for FinTech and InsurTech companies to thrive. Working together, AEFI leads communication and lobbying with key organizations to help improve the overall FinTech industry within Spain.

Transparency, collaboration, communication and academic rigor are the key values that AEFI strives towards and these are in line with how Fortris operates as a business.

Nacho Orozco, Head of Institutional Sales at Fortris, said, “We look forward to supporting other members and helping expand the overall FinTech environment within Spain. Fortris has been built to seamlessly integrate digital assets into enterprise business and collaboration is imperative to our success.”

Fortris continues to grow at a rapid pace and working with AEFI members will positively impact the overall FinTech industry within Spain.

Fortris is now part of AEFI

Fortris continues to grow its presence in Asia and joining the <a href="https://singaporefintech.org/" target="_blank">Singapore FinTech Association (SFA)</a> is a great step towards further collaboration in the region. SFA is a non-profit initiative intended to facilitate cooperation between all market participants and stakeholders within the financial technology ecosystem.

With a network of 860+ fintech companies and industry partners, SFA opens channels to educate, inform and communicate, which help accelerate development. Upholding the integrity of its members, SFA supports building relationships between regional and international fintech organizations.

The annual Singapore Fintech Festival (SFF), the largest fintech festival in the world and a knowledge platform for the global fintech community, is jointly organized by SFA and the Monetary Authority of Singapore since 2016.

Samuel Pang, Asia Sales Manager said, “Being admitted as a corporate member allows Fortris to gain regulatory and ecosystem insights, as well as access to fintech resources and talents. This is beneficial to accelerating our goal of enabling seamless integration of digital assets within an enterprise’s core technologies and business processes.“

The mentality that SFA demonstrates aligns with the global approach that Fortris is taking. Being a full-service digital asset management platform, relationships and interoperability are key to Fortris’ future strategic plans.

Fortris joins Singapore FinTech Association (SFA)

Fortris is an enterprise digital asset management platform that spreads security across multiple levels and locations. This unique approach gives organizations absolute control over their policy management and user permissions.

Private keys are never visible to daily users, which means that access can be added or revoked by simply allocating signing rights. Built to integrate directly into existing financial infrastructure, Fortris gives organizations industry-leading protection and eliminates single-point-of-failure.

Part of our internal auditing process requires regular penetration testing from external security specialists. The most recent activity was completed by leading German IT security firm, <a href="https://www.detack.de/en/" target="_blank">Detack.</a> Their reputation and experience working with other multi-national financial technology companies, made them an ideal choice to properly audit our security protocols.

## Problem

TWhen integrating cryptocurrency into daily financial operations, organizations need advanced user accounts and permissions, paired with top level security. Multi-signature technology gives organizations the ability to spread trust across various parties, while never giving complete control to one person.

However, problems arise when there is a change in the multi-signature quorum. This is a major security concern and makes traditional multi-signature technology difficult to incorporate into daily enterprise operations.

Fortris solved this problem by building a 2nd layer on top of multi-signature technology. This layer adds a level of flexibility without sacrificing security. Detack’s mission was to ensure beyond reasonable doubt that the Fortris digital asset management platform is completely secure and fit for purpose.

## Results

After an in-depth 2-month analysis, Detack tested every facet of the Fortris platform. When looking specifically into our policy engine, Octav Opaschi, Senior IT Security Consultant from Detack, said,

“Fortris uses a multi-layered approach to security, where separation exists, independently, between the customer data and the vendor data, at the physical layer, network layer, storage layer, container layer and business application layer. This makes it considerably harder for pivot attacks to succeed, even in case parts of the infrastructure are compromised. The safety of customer assets makes use of offline signatures + customer-side MFA + multiple signatures. This guarantees that only the asset holder is able to sign off transactions or transfer assets.”

The separation of the Fortris security layers creates an environment where each independent key location never trusts another location until all security measures are completely satisfied.

This inherent protection protocol ensures that any sign of malicious activity is caught and immediately contained by shutting down the system.

Fortris’ Head of Security, Liudvikas Jablonskas, said “We were impressed with the level of detail that was put into the Detack penetration testing exercise. They put our security protocols and infrastructure to the test with a thorough audit of our system.”

## Key points

• No authorization or authentication issues were found for any of the financial functionality.

• Contrary to normal multi-factor-authentication (MFA) systems, Fortris MFA is not controlled by the application, but rather by the customer.

• Complete separation of transaction functionality from data access, account balance, transaction overview or other financial functions makes it almost impossible to get access to customer funds.

External security firm validates Fortris’ protocols after full audit

Digital asset treasury operations platform Fortris has achieved System and Organization Controls (SOC) 2 Type 1 certification, following an in-depth assessment by external auditors.

Independent audit firm <a href="https://sw-spain.com/" target="_blank">SW Spain</a> found that Fortris is operating to the best practice criteria set by the American Institute of Certified Public Accountants (AICPA).

SOC 2 Type 1 is an assessment of service providers to establish that they are securely processing and managing client data. It is one of the most widely recognized regulatory compliance assessments.

Fortris CEO, Shane Lourensse, said: “Achieving SOC 2 Type 1 reflects our commitment to our customers and the systems we have put in place to protect their data. ‘Security first’ is one of our core values, and one that we apply to all areas of our operations.”

Auditors have found that Fortris is on track to qualify for SOC 2 Type 2 certification, which is an assessment of how the established and recognized internal processes perform over time.

About Fortris

Based in Málaga, Fortris is a world leader in digital asset treasury operations for institutions and enterprise business.

Founded in 2017 by a team of payment and security veterans, Fortris gives companies the tools to hold digital assets and use them in business operations such as cross-border payments and payroll.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech). The company has been recognized as one of Europe’s fastest-growing companies in a <a href="https://www.ft.com/ft1000-2023" target="_blank">special report</a> by London's Financial Times and has been repeatedly certified one of Spain's <a href="https://greatplacetowork.es/best-workplaces-malaga-2022/" target="_blank">best places to work</a>.

For updates on Fortris’ events and activities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

Fortris achieves SOC 2 certification

Digital asset treasury operations platform Fortris today announced a partnership with Worldpay, the global payments technology company.

The relationship is another step towards widespread corporate adoption of digital assets such as Bitcoin.

Fortris specializes in helping corporates streamline their digital asset operational and accounting workflows, with user-friendly financial software.

Fortris CEO, Shane Lourensse, said: “Our mission is to allow companies to integrate digital assets such as Bitcoin into their existing workflows and processes, whether they are crypto-native or not. Working with Worldpay will help us expand the suite of integrated services available to our customers."

As a global leader in merchant payment processing, Worldpay from FIS has long been at the forefront of innovation in the digital payments sphere. The company previously <a href="https://www.investor.fisglobal.com/news-releases/news-release-details/worldpay-fis-becomes-first-global-merchant-acquirer-offer-direct" target="_blank">pioneered the use of digital currencies</a> by merchants and recently announced a <a href="https://www.businesswire.com/news/home/20230905549860/en/Visa-Expands-Stablecoin-Settlement-Capabilities-to-Merchant-Acquirers" target="_blank">partnership with Visa</a> to enhance stablecoin settlement capabilities worldwide.

About Fortris

Based in Málaga, Fortris is a world leader in digital asset treasury operations for institutions and enterprise business.

Founded in 2017 by a team of payment and security veterans, Fortris gives companies the tools to hold digital assets and use them in business operations such as cross-border payments and payroll.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech). The company has been recognized as one of Europe’s fastest-growing companies in a <a href="https://www.ft.com/ft1000-2023" target="_blank">special report</a> by London's Financial Times and has been repeatedly certified one of Spain's <a href="https://greatplacetowork.es/best-workplaces-malaga-2022/" target="_blank">best places to work</a>.

For updates on Fortris’ events and activities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">X (formerly known as Twitter)</a>.

Fortris partners with payments technology company Worldpay

Málaga, 9 March 2023 – Málaga-based fintech company [Fortris](/) has been recognized as one of Europe’s fastest-growing companies in a special report by the Financial Times.

The <a href="https://www.ft.com/ft1000-2023" target="_blank">FT 1000</a> ranking is based on revenue growth in the three years to 2021. It was compiled by the London newspaper along with data provider Statista.

Fortris CEO, Shane Lourensse, says: “This recognition wouldn’t have been possible without the hard work of our team and the support and loyalty of our customers and partners.

“There is a strong and growing demand for technology solutions that allow companies to integrate digital assets, both on the balance sheet and operationally.

“Fortris is committed to meeting this need. We are proud of our sustained and organic growth, as recognized by the Financial Times.”

About Fortris

Based in Málaga, Fortris is a world leader in digital asset treasury operations for institutions and enterprise business.

Founded in 2017 by a team of payment and security veterans, Fortris gives companies the tools to hold digital assets and use them in business operations such as cross-border payments and payroll.

Fortris CEO, Shane Lourensse, says: "Businesses can get overwhelmed when considering adding digital assets to their operations. Fortris gives companies the tools to integrate digital assets into their existing financial systems in a seamless and scalable way”.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech).

For updates on Fortris’ events and activities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

Fortris named one of Europe’s fastest-growing companies

Málaga, 9 de marzo 2023 – Fortris, la empresa fintech con sede en Málaga, ha sido reconocida como una de las empresas de más rápido crecimiento en Europa en un informe especial del ‘Financial Times’.

La clasificación <a href="https://www.ft.com/ft1000-2023" target="_blank">FT 1000</a> se basa en el crecimiento de los ingresos en los primeros tres años, hasta 2021. El ranking ha sido compilado por el periódico londinense junto con el proveedor de datos Statista.

Fortris ocupa el puesto 20 de las 38 empresas españolas de la lista, y es una de las cuatro únicas empresas españolas en la categoría Fintech.

En el ranking español, tres son las empresas malagueñas que se hacen hueco, Fortris junto con Jobandtalent y Sipadan.

Este reconocimiento refleja la excelente situación de Fortris como empresa, lo cual se aprecia en el constante crecimiento de su equipo, con la creación de 30 puestos de trabajo en el último año y nuevas contrataciones planificadas para este 2023.

Como parte de su compromiso con el sector tecnológico de Málaga, Fortris es patrocinador en diferentes eventos en la ciudad.

Este año será co-anfitrión de la conferencia internacional <a href="https://www.advancingbitcoin.com/enterprise/2023/" target="_blank">Advancing Bitcoin Conference: Enterprise Edition</a>, donde se ahondará en el uso de Bitcoin en negocios y empresas. Tendrá lugar en Málaga los días 14 y 15 de septiembre de 2023, en el Gran Hotel Miramar.

El CEO de Fortris, Shane Lourensse, afirma: “Este reconocimiento no hubiera sido posible sin el arduo trabajo de nuestro equipo y el apoyo y lealtad de nuestros clientes y socios”.

“Estamos comprometidos en satisfacer la creciente demanda de soluciones tecnológicas que permitan a las empresas integrar activos digitales, tanto en el balance como operativamente.”.

“En Fortris, estamos orgullosos de nuestro crecimiento sostenible y orgánico, como lo reconoce el Financial Times”.

Sobre FT1000

Para ser incluida en esta lista, cada empresa debe cumplir ciertos criterios, entre ellos:

- Ingresos de al menos 100.000 euros generados en 2018
- Ingresos de al menos 1,5 millones de euros generados en 2021
- La empresa tiene que ser independiente (No puede ser una filial o sucursal de ningún tipo)
- El crecimiento de los ingresos entre 2018 y 2021 es principalmente orgánico (es decir, estimulado "internamente")
- La tasa de crecimiento media mínima requerida para ser incluida en el ranking este año es del 36,2%.

Para conocer todos los detalles de la metodología de creación de la lista, se puede consultar en el siguiente enlace: <a href="https://www.ft.com/ft1000-2023" target="_blank">https://www.ft.com/ft1000-2023</a>

Sobre Fortris

Con sede en Málaga, y fundada en 2017 por un equipo de veteranos en pagos y seguridad, Fortris ha crecido a pasos agigantados en los últimos años, estableciéndose como líder mundial en operaciones de tesorería de activos digitales para instituciones y firmas de nivel empresarial

El éxito de Fortris se debe en gran parte a su enfoque innovador en el mundo de los activos digitales. La compañía brinda a las empresas las herramientas para mantener activos digitales y utilizarlos en operaciones comerciales, como pagos transfronterizos y nóminas.

Según Lourensse, "las empresas pueden sentirse abrumadas cuando se plantean añadir activos digitales a sus operaciones. Fortris ofrece a las empresas las herramientas necesarias para integrar estos activos digitales en sus sistemas financieros actuales de forma fluida y escalable.

Fortris es miembro de la <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (Asociación Española de FinTech e InsurTech), lo que demuestra su compromiso con el desarrollo del sector fintech y con el fortalecimiento de la economía digital en España y en toda Europa.

Para obtener actualizaciones sobre eventos y actividades de Fortris, siga a Fortris en <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> y <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

Fortris nombrada por ‘Financial Times’ como una de las compañías con más rápido crecimiento de Europa

Fortris has again been recognized as one of Europe’s fastest-growing companies in a special report by the Financial Times.

The <a href="https://www.ft.com/ft1000-2024" target="_blank">FT 1000 ranking</a> is based on the compound annual growth rate (CAGR) in revenue over the period 2019 to 2022. It was compiled by the London newspaper along with German research company Statista.

Fortris CEO, Shane Lourensse, said: “To be recognized for the second year in a row is not just a credit to the hard work of our team, but also a sign of the maturity of the digital asset ecosystem.

“There is a growing demand for solutions that let companies integrate digital assets in a straightforward and scalable way. Our growth over the last year has been complemented by compliance milestones such as gaining SOC 2 accreditation, showing our commitment to providing best-in-class technology and expertise to our clients”.

About Fortris

Based in Málaga, Spain, Fortris is a leading provider of digital asset integration services for enterprise treasury operations.

Founded in 2017 by a team of payment and security veterans, Fortris gives organizations the technology and expertise to embrace digital asset transformation in a secure and simplified manner.

This comprehensive approach allows Fortris clients to handle a wide range of financial operations, from liquidity optimization to cross-border transactions, all within the digital asset framework.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech).

For updates on Fortris’ events and activities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

Fortris named one of Europe’s fastest-growing companies for second consecutive year

La empresa malagueña Fortris ha vuelto a ser reconocida como una de las empresas europeas de más rápido crecimiento en un informe especial del Financial Times.

El ranking FT 1000 se basa en la tasa compuesta de crecimiento anual (CAGR) de los ingresos durante el periodo comprendido entre 2019 y 2022. Ha sido elaborado por el periódico londinense junto con la empresa alemana de investigación Statista.

El CEO de Fortris, Shane Lourensse, dice: "Ser reconocido por segundo año consecutivo no es solo un crédito al arduo trabajo de nuestro equipo, sino también un signo de la madurez del ecosistema de activos digitales".

"Existe una demanda creciente de soluciones que permitan a las empresas integrar activos digitales de forma sencilla y escalable. Nuestro crecimiento en el último año se ha visto complementado por hitos de cumplimiento, como la obtención de la acreditación SOC 2, lo que demuestra nuestro compromiso de ofrecer la mejor tecnología y experiencia a nuestros clientes".
Para conocer todos los detalles de la metodología de creación de la lista, se puede consultar en el siguiente enlace: <a href="https://www.ft.com/ft1000-2024" target="_blank">https://www.ft.com/ft1000-2024</a>

Sobre Fortris

Fortris es un proveedor líder de servicios de integración de activos digitales para operaciones de tesorería empresarial.

Fundada en 2017 por un equipo de veteranos en pagos y seguridad, Fortris ofrece a las organizaciones la tecnología y la experiencia necesarias para adoptar la transformación de los activos digitales de forma segura y simplificada.

Este enfoque integral permite a los clientes de Fortris manejar una amplia gama de operaciones financieras, desde la optimización de la liquidez hasta las transacciones transfronterizas, todo dentro del marco de activos digitales.

Fortris es miembro de la <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (Asociación Española de FinTech e InsurTech).

Para obtener actualizaciones sobre eventos y actividades de Fortris, siga a Fortris en <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> y <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

La empresa Malagueña Fortris, entre las compañías europeas de mayor crecimiento por segundo año consecutivo

Málaga, 8 November 2022 – Fortris, a fast-growing fintech company, has chosen Málaga for its global headquarters.

The company already has offices in Asia and North America. The location of its global headquarters reflects the status of Málaga and the Costa del Sol as a burgeoning hub for technology and innovation.

Fortris has a headcount of over 80 local and international staff based in Málaga and is currently recruiting for a number of new roles.

The company has completely renovated and modernized the old El Corte Ingles building at Avenida de Andalucía 30, transforming it into state-of-the-art offices.

About Fortris

Fortris is a world leader in building customizable software for business use of digital assets.

Digital asset technology is new and evolving fast, but companies don’t have to completely change the way they operate to benefit from using it.

As CEO Shane Lourensse explains, Fortris gives enterprise-level companies the tools to hold digital assets and use them in business operations such as cross-border payments and payroll.

"Businesses don't want to invest in becoming digital asset experts. Fortris gives companies the tools to integrate digital assets into their existing financial systems in a seamless and scalable way," he says.

Fortris is a member of AEFI (the Spanish Association of FinTech and InsurTech).

Fortris and Málaga

In 2022, Fortris was awarded third place in the Great Place To Work® ranking for Málaga workplaces with 10-100 employees.

Fortris CTO, Tibor Ballai, says: "We're committed to being active members of Málaga's tech ecosystem and looking forward to collaborating with other companies and organizations in this space."

In 2022 Fortris was proud to sponsor Málaga's <a href="https://www.linkedin.com/company/j-on-the-beach/" target="_blank">J On The Beach</a>, southern Europe’s largest conference in the field of Big Data.

Fortris also sponsored this year's <a href="https://techin.finance/" target="_blank">Tech in Finance</a> conference in the city, and is again sponsoring <a href="https://biznagafest.com/" target="_blank">BiznagaFest</a>, an event run by the Google Developers Group in Málaga.

More events will be announced soon.

For updates on Fortris’ events and activities, and to see the latest hiring opportunities, follow Fortris online on <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> and <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

Fortris chooses Málaga for its global headquarters

Málaga, 8 de noviembre 2022 – Fortris, una empresa fintech con un crecimiento estrepitoso, ha elegido Málaga para ubicar su sede central.

La compañía, que ya cuenta con oficinas en Asia y en Norteamérica, elige a Málaga y a la Costa del Sol, centro floreciente de tecnología e innovación, como su sede central.

Fortris tiene una plantilla de más de 80 empleados nacionales e internacionales con base en Málaga, y en 2023 busca aumentar el equipo con otros 40 nuevos roles abiertos.

La empresa ha reformado y modernizado por completo el antiguo edificio de El Corte Inglés, en Avenida de Andalucía 30, transformándolo en una oficina de última generación.

Acerca de Fortris

Fortris es líder mundial en la creación de software personalizable para el uso comercial de activos digitales.

La tecnología de activos digitales es nueva y evoluciona rápidamente, pero las empresas no tienen que cambiar la forma en la que operan para beneficiarse de su uso.

Como explica Shane Lourensse, CEO de Fortris, la compañía ofrece a las empresas las herramientas necesarias para conservar los activos digitales y utilizarlos en operaciones comerciales como los pagos transfronterizos y las nóminas.

"Las empresas no quieren invertir en convertirse en expertos en activos digitales. Fortris ofrece a las empresas las herramientas necesarias para integrar los activos digitales en sus sistemas financieros actuales de forma fluida y escalable", afirma.

Fortris es miembro de la <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (Asociación Española de FinTech e InsurTech).

Fortris y Málaga

En 2022, Fortris obtuvo el tercer lugar en el ranking Great Place To Work® para compañías Malagueñas entre 10 y 100 empleados.

Tibor Ballai, CTO de Fortris, afirma: "Estamos comprometidos a ser miembros activos del ecosistema tecnológico de Málaga y esperamos colaborar con otras empresas y organizaciones en este espacio".

En 2022, Fortris tuvo el privilegio de patrocinar <a href="https://www.jonthebeach.com/" target="_blank">J On The Beach</a> en Málaga, la conferencia con mayor alcance del sur de Europa en el campo del Big Data.

Fortris también ha sido patrocinador de <a href="https://techin.finance/" target="_blank">Tech in Finance</a> 2022 en la ciudad, y nuevamente patrocinará por segunda vez este año <a href="https://biznagafest.com/" target="_blank">BiznagaFest</a>, un evento dirigido por el Grupo de Desarrolladores de Google en Málaga.

Próximamente se anunciarán más eventos.

Para obtener actualizaciones tanto de eventos y actividades de Fortris, como para ver las últimas oportunidades de contratación, siga a Fortris en <a href="https://www.linkedin.com/company/fortrishq/" target="_blank">LinkedIn</a> y <a href="https://twitter.com/FortrisHQ" target="_blank">Twitter</a>.

Fortris elige Málaga como su sede central

Fortris, the digital assets treasury operations company, and Merkle Science, the predictive crypto risk intelligence platform, are partnering to curb illicit crypto activity and accelerate crypto compliance. The partnership will integrate Merkle Science’s state-of-the-art real-time transaction monitoring solution into Fortris’ comprehensive treasury operations platform.

Under the agreement, Fortris users can seamlessly access Merkle Science’s technology to detect suspicious crypto activity and ensure compliance with AML, KYC and CFT regulations when processing digital asset payments.

“Fortris and Merkle Science share the same values when it comes to institutional-grade security and compliance, customer experience and ease of use,” said Noah Herman, Chief Revenue Officer of Fortris. “Compliance best practices are a requirement of digital asset treasury operations at scale, and this integration will further broaden and deepen the robust compliance measures already available to our customers.”

“We are thrilled to partner with Fortris to address the critical need for enhanced security and compliance in crypto treasury operations. By integrating our predictive risk intelligence and real-time transaction monitoring with Fortris' digital asset solutions, we are creating a powerful tool to combat illicit activities and ensure regulatory adherence. This collaboration underscores our commitment to making the crypto ecosystem safer and more transparent,” said Mriganka Pattnaik, Chief Executive Officer of Merkle Science.

About Fortris

Founded in 2017 by a team of payment and security veterans, Fortris gives organizations the technology and expertise to embrace digital asset transformation in a secure and simplified manner.

This comprehensive approach allows Fortris clients to handle a wide range of financial operations, from liquidity optimization to cross-border transactions, all within the digital asset framework.

About Merkle Science

<a href="https://www.merklescience.com/" target="_blank">Merkle Science</a> is a predictive crypto risk intelligence platform that enables crypto companies, financial institutions, and government agencies to detect illegal activities involving cryptocurrencies. By leveraging blockchain transaction monitoring and forensic analysis, Merkle Science provides actionable insights to mitigate ever-evolving crypto crime risks.

Fortris and Merkle Science announce alliance to enhance security and compliance in digital asset treasury operations

<a href="https://papayaglobal.com/" target="_blank">Papaya Global</a>, the only dedicated payroll and payments platform for global workforces, and Fortris, a leading digital assets treasury operations platform, today announced a strategic partnership to allow multinationals to integrate digital assets into their payroll.

The partnership is a major step towards making digital asset salaries and bonuses a regular feature of compensation packages, driven by growing employee demand. It also reflects the increasingly widespread adoption of digital assets in corporate treasury operations.

Papaya Global's unified platform streamlines global payroll and payments for organizations operating internationally. Named as one of Fast Company’s 100 Most Innovative Companies of 2024, Papaya Global streamlines management of any organization’s entire global workforce on one unified, innovative platform, in over 160 countries.

Fortris, which has twice been recognized as one of Europe’s fastest-growing companies by London’s Financial Times, provides corporations with the tools to seamlessly integrate digital assets into their treasury operations, ensuring secure and compliant transactions and reporting.

The collaboration between Papaya Global and Fortris provides organizations with a way to pay employees either partial or full salaries using digital assets anywhere in the world. The partnership enables a secure and scalable process, minimizing operational complexity and allowing payroll teams to import the data directly into their existing back-office systems.

"Our mission is to make paying people around the world fast, accurate, and secure through innovation,” said Paul Gasbarro, SVP Global Sales at Papaya Global. “Our partnership with Fortris takes our solution to new geographical territories as well as the digital realm, to the utmost benefit of our customers."

Noah Herman, Fortris Chief Revenue Officer, said: “We are delighted to be working with Papaya Global to help multinationals seamlessly integrate digital assets into their renumeration packages. Payroll is one of a number of use cases where the time and cost efficiencies of digital assets can really make a difference to companies working across borders.”

About Fortris

Based in Málaga, Spain, Fortris is a leading provider of digital asset integration services for enterprise treasury operations.

Founded in 2017 by a team of payment and security veterans, Fortris gives organizations the technology and expertise to embrace digital asset transformation in a secure and simplified manner.

This comprehensive approach allows Fortris clients to handle a wide range of financial operations, from liquidity optimization to cross-border transactions, all within the digital asset framework.

Fortris is a member of <a href="https://www.asociacionfintech.es/" target="_blank">AEFI</a> (the Spanish Association of FinTech and InsurTech).

About Papaya Global

In an ever-expanding world economy, Papaya Global enables organizations to hire globally and pay locally, on time every time. Delivering full compliance and liability coverage, and supporting all employment models, Papaya's platform uses AI to consolidate and automate payroll and payments operations to seamlessly connect HR and Finance tech stacks. Streamlining these business-critical processes optimizes their efficiency and transparency, transforming workforce payments from an organization’s biggest expense and liability, into its strongest strategic asset.

Under the leadership of CEO and Co-Founder Eynat Guez, Papaya serves enterprise companies in 160+ countries worldwide. Its accolades include NetSuite International Partner of the Year, Leader in NelsonHall’s NEAT Matrix, and recognitions by top tier publications including Inc., Forbes, and CNBC.

News

Survey reveals hybrid custody as leading strategy among businesses holding crypto

Fortris and Merkle Science announce alliance to enhance security and compliance in digital asset treasury operations

Papaya Global and Fortris partner to bring digital asset workforce payments to global companies

Fortris named one of Europe’s fastest-growing companies for second consecutive year

Media coverage

SUR IN ENGLISH

Málaga-based Fortris among the fastest-growing businesses in Europe

LA OPINIÓN DE MÁLAGA

La empresa de fintech Fortris elige Málaga como sede central y busca 40 nuevas incorporaciones

MÁLAGA HOY

La empresa Fortris busca 40 empleados más para su sede en Málaga

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