On Course for Growth – cflox Gains Experienced Working Capital Experts Alexander Mutter and Kim Lorenzen for International Expansion
The Hamburg-based payment institution cflox, a leading provider of working capital solutions and supply chain finance, is expanding its strategic management team and international sales force. Alexander Mutter joined the company in July as Executive Director of Commercial Strategy, and Kim Lorenzen joined as Director of Sales Multinationals.
Alexander Mutter will continue to expand cflox's national and international market presence and drive forward its commercial strategy. His focus will be on establishing and expanding strategic partnerships with international banks, tapping into new regions and customer segments, and developing new services.
Mutter brings extensive expertise in working capital, transaction banking, digital platforms, and open banking. Previously, he was responsible for EMEA sales at SAP-Taulia and held a leading role in collaborations with international banks such as HSBC, Deutsche Bank, DZ Bank, and Citi—particularly in complex transformation projects related to transaction banking and supply chain financing.
With Kim Lorenzen, cflox gains an experienced banking expert: he worked for Danske Bank for over 20 years, most recently as General Manager of Danske Bank Germany. In this position, he was responsible for business activities in Germany and further developed the corporate customer business. Prior to that, he spent many years supporting and developing international customer relationships, particularly with companies from the CAC40, Swiss Mid Cap, DAX, and MDAX.
At cflox, Lorenzen will focus on expanding international customer relationships, identifying new market potential, and supporting the implementation of challenging projects. A particular focus will be on building trusting relationships with decision-makers and providing practical support to companies in optimizing their financial structures.
Thomas Krings, Managing Partner at cflox, emphasizes the strategic importance of both appointments: "With Alexander Mutter and Kim Lorenzen, we are filling key positions to successfully continue our expansion in Europe. Alexander Mutter is a proven expert in corporate treasury, transaction banking, and digital transformation. His many years of experience working with major international banks and his in-depth market knowledge are invaluable to us in achieving our growth goals in the international arena.
In Kim Lorenzen, we are gaining an expert who brings extensive international experience and understands the language of our clients. His perspective as a long-standing banker and his ability to address complex issues in a comprehensible and solution-oriented manner are a real asset to cflox."
With the further expansion of its sales team, cflox is sending a clear signal: the company is investing specifically in expertise in order to meet the growing demand for innovative working capital solutions.