Nicolas Weng Kan named new CEO of Yolt

Nicolas Weng Kan, the former CEO of Google Compare and Confused.com, has been announced as the CEO of Yolt, the ING-backed money management and open banking technology provider.

Nicolas will be responsible for managing both Yolt, the money app with 1.5 million registered users, and Yolt Technology Services (YTS), an open banking provider making over 22 million API calls a week.

Nicolas brings extensive experience within the financial services and tech sector, having spent the last six years in senior roles such as the CEO of Google Compare, CEO of Confused.com and the Head of Operations for UK insurer Admiral.

He has also led successful start-ups, having launched QuickquoteMotormate and ONEZERO-ME, a digital credit and risk scoring start-up. He has also held senior positions in the UK, Taiwan, Japan and China.

“I am thrilled to join such a bright and talented team across both Yolt and Yolt Technology Services (YTS). The world as we know it is changing and it’s the companies who can deliver innovation excellence, who will thrive for the good of their customers,” said Nicolas.

“I strongly believe we have the talent, experience and commitment to support both consumers and businesses through these uncertain times.”

“Nicolas’s extensive experience, passion and dedication for digital product innovation make him an excellent CEO for Yolt and I’m confident his appointment will only accelerate and strengthen the success of both businesses,” said Benoit Legrand, Chief Innovation Officer at ING.