Biography of Erki Koldits: Founder and CEO of Zlick- Entrepreneur

 Biography of Erki Koldits: Founder and CEO of Zlick- Entrepreneur

Entrepreneurial Journey of Erki Koldits

Early Beginnings in Technology

Erki Koldits started his career in the world of technology at just 16 years old. Initially seen as the “IT guy,” he quickly gained experience and expertise, which paved the way for a remarkable trajectory in the tech industry. His dedication and hard work led to a significant career milestone when he became the CEO of a Customer Service Technology Center after a successful management buy-out. This center grew to become the largest of its kind in the Baltic region, employing nearly 300 people.

Teaching the Next Generation

During his career, Erki also played a vital role in training others. He taught around 3,000 telemarketing agents how to sell smartphones and internet packages effectively, showcasing his ability to transfer knowledge and skills. This experience not only improved the sales capabilities of his students but also reinforced his understanding of customer service and technology, crucial elements in today’s market.

Founding Zlick

In collaboration with partners from Switzerland and Germany, Erki co-founded Zlick in 2016. Zlick is a fintech company that specializes in payment solutions aimed at increasing online subscriptions and paid content accessibility. Under his guidance, Zlick quickly gained traction, now operating in five countries and capturing over 90% of the market share in its sector. This success story is a testament to Erki’s vision for simplifying online transactions for content creators.

Innovative Payment Solutions

Zlick’s core mission is to revolutionize online payments by making them seamless and efficient. The company’s one-click payment system is designed to improve conversion rates for various online services. Extensive research indicated that easier access to services significantly boosts user engagement, leading to higher revenues for clients. Initially focused on news content, Zlick has expanded its services to include charities and classifieds, where its innovative payment solutions have consistently increased client revenues.

Engagement in the Cryptocurrency Space

Beyond Zlick, Erki is also a passionate advocate for cryptocurrency. He founded the Estonian Cryptocurrency Association and was an early enthusiast who mined his first 10,000 bitcoins back in 2009, when the cryptocurrency was still in its infancy. His involvement in the crypto space demonstrates his forward-thinking approach and willingness to embrace new technologies.

Angel Investing Ventures

As an angel investor, Erki has backed several startups, including Adact, Mentornaut, Sharewell, Siena, and VSight. His investment philosophy centers on supporting innovative ideas and empowering entrepreneurs to bring their visions to life. Through BADideas.fund and other platforms, he provides essential funding and guidance to help fledgling companies succeed in competitive markets.

Biography of Erki Koldits: Founder and CEO of Zlick- Entrepreneur/Angel Investor/payment solutions/story of Erki Koldits & Zlick/startup/crypto market

Contributions to the Community

Erki is also a member of the Cointelegraph Innovation Circle, where he shares insights on web3, NFTs, and social media. This involvement not only keeps him connected to the latest trends in technology but also positions him as a thought leader in the fields of blockchain and decentralization. His active participation in discussions about the future of these technologies highlights his commitment to staying at the forefront of innovation.

A Passion for Racing

Outside of his entrepreneurial ventures, Erki is a semi-professional race car driver. He achieved notable success, finishing third in the prestigious ADAC Nürburgring 24-hour race in both 2013 and 2014. This passion for racing reflects his competitive spirit and dedication, qualities that have undoubtedly contributed to his success in business.

Balancing Family and Career

Despite his busy professional life, Erki values family above all. He is a proud father of two lovely daughters, and he strives to balance his career with his responsibilities as a parent. This commitment to family not only enriches his personal life but also fuels his motivation to succeed in his professional endeavors.

Vision for the Future

As Erki looks to the future, he remains committed to driving innovation and supporting emerging technologies. His journey as an entrepreneur, investor, and community leader illustrates his belief in the power of partnerships and collaboration. With a solid foundation in technology and a vision for creating impactful solutions, Erki Koldits is well-positioned to continue making significant contributions to the tech industry and beyond.

Timeline of Erki Koldits’ Entrepreneurial Journey

2000: Starts career in technology at 16 as the "IT guy."

2008: Becomes CEO of a Customer Service Technology Center post management buy-out.

2016: Co-founds Zlick, focusing on innovative payment solutions.

2019: Zlick captures over 90% market share in its sector, expanding to five countries.

2009: Mines first 10,000 bitcoins, advocating for cryptocurrency.

2020: Establishes the Estonian Cryptocurrency Association.

2021: Begins angel investing, supporting various startups.

2022: Joins Cointelegraph Innovation Circle, sharing insights on web3 and NFTs.

2024: Balances family life with ongoing commitment to innovation and technology.

 Biography of Erki Koldits: Founder and CEO of Zlick- Entrepreneur/Angel Investor/payment solutions/story of Erki Koldits & Zlick/startup/crypto market