Our story

Driven by a shared belief

Cardano Development was founded in 2007 by Joost Zuidberg and Theo Kocken – driven by a shared belief that local-currency financing for financial markets plays a vital role in economic development in frontier markets.

Joost Zuidberg

“At Cardano Development we brave the challenges of doing business in frontier markets. We combine our passion and expertise in risk management to develop new products and unlock new markets. Especially in areas where it has never been done before, our products make a difference and we have shown we can make things work.”

“Cardano Development combines an immensely entrepreneurial culture with a drive to deliver highly innovative and scalable financial risk management solutions that empower frontier economies. The connections and skills of our people to bring ideas from concept to reality are proven to have real world impact on local currency financing and financial market development. That is something our team is very proud of.”

Theo Kocken

Our milestones

We’ve come a long way since 2007, with some key events under our belt.

Our Values

Our values are important to us. They are not just a set of words on paper, we truly live them, they are the root of our business and help create and maintain an inclusive culture.



We think differently to develop innovative solutions.



We work together to make an impact.



We don’t easily give up.