Top Bitcoin Merchant Processor BitPay Hires The Veteran Glen Braganza, Former Worldpay CFO
BitPay, known as one of the largest crypto payment processing platforms and one of the most popular solutions for companies which are focused on receiving Bitcoin payments, has decided to hire a new executive.
The name of the new employee is Glen Braganza, according to the official announcement. Braganza was the CFO of Worldpay US.
Braganza will be the new Chief Financial Officer of BitPay, assuming the same role he had on Worldpay US. He has over 15 years of experience in the industry and is specialized in payment processing.
According to the CEO of BitPay Stephen Pair, the company has seen record growth in recent years and business all over the world are starting to understand that blockchain payments are a need in these new times. He believes that the experience that Glen Braganza already has will be very useful in order to leverage the blockchain technology in a better way.
Braganza worked for Worldpay for ten years and was deemed to be instrumental in the Initial Public Offering (IPO) that the company had in 2015, as well as to establish the company in the Netherlands in the previous year. The company doubled the size of its team during the years in which he participated there. Before that, he worked on Lloyds Banking Group in the UK and then joining Jefferies & Co in London.
He has affirmed that BitPay has cutting-edge tech and that the company will be a valuable partner to many other companies in the world, which makes him very excited to be a part of the team.
BitPay is a company that helps other businesses to receive Bitcoin payments and turn these assets into cash easily. The company provides services which are ideal for cross-border transfers and for receiving Bitcoin if you do not wish to hold it for long. BitPay also manages wallets and has its own prepaid Visa Card.
The company was founded originally in 2011 and it has quite a market share since then. Recently, it was able to raise $70 million USD from companies like Index Ventures and Founders Fund in a funding round.