Do what you love, love what you do. It’s not always easy when you’re grinding away day in and day out to build your startup - but the love is definitely the reason many of us are entrepreneurs. This March join us to meet Andrew Thornhill, the Founder of Spotcoin, an innovative company that bridges the gap between cryptocurrency ecosystems and traditional areas of finance.
Andrew has been an integral part of the online payment processing industry since 1999. His involvement with the Ocean Port Management software and trying to sell this software from the primary programming centre of Bucharest, Romania made him realize that online business was the future of commerce and that conquering international borders of payments was crucial to success.
Andrew’s journey into the world of finance continued with the establishment of Global Clear Merchant Processing and newly formed partnerships with banks in Eastern Europe. Andrew pioneered an online gateway and merchant management systems to handle the needs of online transaction parties. Andrew adapted the merchant management system his team created, providing a complete end-to-end financial service in order to handle the growing needs of banks, processors, large merchants and governments. This system successfully processed more than $100 million USD from dozens of online merchants. The
gateway was sold and formed the basis of RomCard, which was the central gateway for all of Romania’s online merchant business. RomCard was implemented by 5 banks in Romania and processed nearly $1 billion of total payments before being sold to Provus, a global leader of merchant processing and transaction systems.
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Mr Andrew Thornhill is an American businessman who has been working in Georgia since 2007 and who has been living in Tbilisi, Georgia full-time since January 2016. Andrew has extensive experience with the Georgian government and Georgian banks, the laws and licenses of payment systems and the rules and regulations of global money movement. Andrew speaks conversational Russian and has led busin…
Mr Andrew Thornhill is an American businessman who has been working in Georgia since 2007 and who has been living in Tbilisi, Georgia full-time since January 2016. Andrew has extensive experience with the Georgian government and Georgian banks, the laws and licenses of payment systems and the rules and regulations of global money movement. Andrew speaks conversational Russian and has led business teams that speak Russian, Romanian, Bulgarian, Ukrainian and Georgian. In Georgia alone, more than $1 billion of payments have transited through the companies, systems and programs that Andrew has created.
Andrew graduated with honours from studies at the University of Chicago and Russian State Humanities University with degrees in Political Science and Russian Language and Civilization. Andrew enjoys trying new restaurants, exploring the bio-wine and slow food movement of Georgia, sleeping late and recharging at his church.
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