The scale-up behind more than a million听cryptocurrency transactions has appointed former Coinbase CEO听Zeeshan Feroz.听
New chief growth officer听Feroz described听MoonPay,听a听payments solution for crypto听headquartered in the听US听which is expanding worldwide,听as 鈥榬etail crypto infrastructure in a box鈥�.听
Feroz听was听CEO of Coinbase UK听from听February 2017 to August 2020听and听responsible for establishing and growing听the firm鈥檚听business outside the US.听听
Before joining Coinbase,听he听held the role of听global听head of听payments at social payments听start–up听Tilt.com prior to its acquisition by Airbnb.听听
MoonPay听has exceeded 1000% revenue growth in the past 12 months 鈥� all without any external investment.听Feroz听will be tasked with leading all aspects of organic growth, driving business development functions across the business and identifying new revenue streams.听
鈥淎s we continue to build听MoonPay, maintaining and managing our exponential growth in a sustainable manner will be key,鈥� said co-founder and CEO Ivan Soto-Wright (below).
鈥淲ith years of experience in the sector and an unrivalled track record, Zeeshan鈥檚 appointment is a major coup in our continued mission to democratise cryptocurrency and provide the tools by which a billion people can access it in the next decade.鈥�听
Feroz commented: 鈥�MoonPay听is building such an innovative product – retail crypto infrastructure in a box. It鈥檚 exactly what鈥檚 needed for the next phase of crypto adoption, as businesses look to offer crypto to their clients.听听
鈥�MoonPay听delivers everything from crypto licenses and brokerage to fiat rails and fraud management. On top of that, Ivan has assembled a team with some of the very best talent in the crypto space.听听
鈥�Testament to the team鈥檚 work so far is its impressive growth to date and I鈥檓 excited to be part of the next chapter as the business continues to expand.鈥�听
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Since launching in 2019,听MoonPay听has secured over 250 partners and has grown from a team of two to over 60 people, with team members located across four continents.听听
The platform supports 45 fiat currencies and has added over 60 cryptocurrencies to its infrastructure as it looks to democratise cryptocurrency access and open the asset-class to over a billion people by 2030.
Cryptocurrency