Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7.
Having more than 15 years experience in private equity and public markets, Braganza joined BitPay to “help support the business through its next phase as the company grows into a global financial organization.”
While the release does not reveal what exactly Braganza will be engaged in, Stephen Pair, CEO and co-founder of BitPay, said that “Glen’s experience is a key advantage to BitPay as the team moves the company into the mainstream to help businesses leverage blockchain for fast consumer transactions and easy global payments.”
At Worldpay US, Braganza held the role of CFO, reportedly being responsible for over $400 million in annual revenue and over $150 billion in annual payment processing volume, as well as being engaged in the establishment of the Group’s business in the Netherlands in 2014. Prior to Worldpay US, Braganza work at Lloyds Banking Group in the United Kingdom and then joining Jefferies & Co in London.
As Cointelegraph previously reported, a former executive of British investment bank Barclays, Chris Tyrer, joined Fidelity Digital Assets, the crypto platform of American financial services corporation Fidelity Investments, to work on digital assets for the company.
Blockchain-powered precious metals platform Tradewind appointed an ex-JPMorgan Chase executive, Michael Albanese, as its new CEO. Albanese will take responsibility of the management of the company’s flagship metals market, which employs blockchain to streamline custody, trade and security of precious metals.
