Complex sentence: Johan Palmstruch (1611 in Riga--1671 in Stockholm; named Johan Wittmacher before he was ennobled) was a Dutch businessman, entrepreneur, and financial innovator credited with the introduction of paper money to Europe.
Split into simpler sentences: Johan Palmstruch (1611 in Riga--1671 in Stockholm; named Johan Wittmacher before he was ennobled) was a Latvian-born Dutch entrepreneur and financial innovator. He is often credited with the introduction of paper money to Europe.