Niklas Koresaar has a diverse work experience spanning various roles and industries. Niklas started their career in 1998 as an Account Manager at DnB NOR, where they focused on sales, risk assessment, and legal documentation for the shipping department. In 2001, they worked as an Associate-Project Analyst at Astrolabe Investment Ltd, providing project analysis and support for fund raising and accounting. Moving on, they joined DVB Bank SE in 2002 as a Vice President-Account Manager, responsible for managing accounts at the shipping/offshore lending desk with a focus on sales and cross-selling financial products. In 2004, Niklas joined Tufton Oceanic Limited as a Vice President-Asset Backed Investments, where they originated and executed real asset investments, primarily in the shipping and offshore space.
In 2011, Niklas took on the role of CFO at an undisclosed company, where they served until 2013. Following that, they co-founded Bloom Maritime Ltd in 2013, a start-up fund vehicle targeting a USD 50m equity investment in a specific shipping sub-sector. However, the project was abandoned due to an unexpected market upswing. In 2014, Niklas became the CFO of Flexion Mobile Plc, a position they held indefinitely at the time of the provided information.
More recently, in 2020, Niklas joined Divio Technologies AB as a Board Member. Overall, their experience encompasses finance, investments, fund management, and leadership roles in the shipping and maritime industry.
Niklas Koresaar pursued their Bachelor of Science degree in Business Administration with a specialization in Accounting from Uppsala University between the years 1992 and 1995. Following this, they continued their education at Erasmus University Rotterdam where they completed a Bachelor of Science degree in Shipping and Corporate Finance from 1995 to 1996. Finally, they attended Bayes Business School from 1997 to 1998, earning a Master of Science degree in Shipping, Trade, and Finance.
Flexion
Flexion was founded to provide a unique monetisation and distribution platform for developers and publishers.Flexion enables developers to be able to fully focus on application development and it helps them with monetisation through the use of the automated Flexion wrapping solution. By allowing their applications to be wrapped Flexion can helpdevelopers implementing in-app billing, new charging models, DRM and up-selling without any additional work required by the developer. The market for mobile apps and games has become a billion dollar market since Apple launched the iPhone in 2007. There are now hundreds of thousands of developers who are looking to distribute their mobile applications to content hungry consumers. The market is growing quickly but there are still a few limiting factors that are holding back app developers and limiting their potential to make money. For instance, distribution is still fairly limited and comes mainly from OEMs, operators and a few independent stores such as Amazon and Getjar. This means that stores in general are overcrowded and developers struggle to get visibility and make money. Most App stores also lack good charging methods and pricing models which means that conversion rates suffer. As a result many developers have opted for free apps funded by advertising as a last option, but very few generate any substantial revenues from this.