Chris Aruliah Joins BCB Group as Chief Product Officer as Growth Continues to Accelerate at the Business Banking Challenger
London, 1 July 2021 – BCB Group, Europe’s leading provider of business accounts and trading services for the digital asset economy, today announced the appointment of industry veteran, Chris Aruliah, as Chief Product Officer. Aruliah joins BCB Group from Bitstamp, where he was Head of Business Development and responsible for helping financial institutions enter the crypto market and focused on identifying opportunities for integrating crypto with traditional finance. Prior to that, he launched the open banking payments platform, Token, and built the pipeline for the business in Europe.
Aruliah joins BCB Group at a time when the firm is already growing rapidly and his expertise makes him uniquely suited to lead BCB’s ambitious roadmap and product offering through to its next chapter, including the wider roll out of BLINC, BCB’s instant global payments network, which was launched last year, as well as a range of future products and services the firm will be releasing to the market later in 2021.
With a dedicated focus on institutional payment services, BCB Group provides business accounts, cryptocurrency and foreign exchange market liquidity for some of the world’s largest crypto-engaged financial institutions including Bitstamp, Coinbase, Galaxy, Gemini, Huobi and Kraken. BCB Group is the only dual-regulated institution of its kind to offer clients a complete end-to-end suite of payment processing, cryptocurrency trading and custody services accessible through a unified API-enabled platform, allowing clients to access a complete range of digital asset services in one place.
Founder and CEO Oliver von Landsberg-Sadie commented: “Chris joins us at a time where we need that rare talent able to embrace and accelerate the scale-up opportunity ahead of us. He brings with him a peerless combination of crypto and TradFi depth of product experience, astute commerciality, and a constellation of banking and trading relationships.”
Chris Aruliah added: “I am thrilled to be joining BCB at this exciting time in BCB’s growth. The crypto market is evolving and maturing at pace and for years traditional banks have been reluctant to serve the industry and this has created the opportunity for BCB to be the trusted banking and payments partner for any firm in the crypto economy. We were the first in Europe to launch a real-time payments and settlement network, BLINC, for participants in the digital asset ecosystem, and have plans to expand and go beyond this, launching a range of new products and services later this year.“
BCB Group is Europe’s leading crypto-dedicated payment services provider, serving some of the industry’s largest clients including Bitstamp, Coinbase, Galaxy, Gemini, Huobi and Kraken. BCB Group provides payment services in 20+ currencies, FX, cryptocurrency liquidity and digital asset custody.
Responding to institutional demand for operational best practice in digital asset markets, BCB Group was created by established thought leaders in finance, regulation and technology. Founded in the UK and developed to encompass key relationships across global financial services communities, BCB Group is well positioned as one of the first multi-jurisdictional regulated cryptocurrency service firms. BCB Group’s executive team have worked for Barclays, Credit Suisse, Deutsche Bank, Investec, Lloyds Commercial Bank, Norton Rose Fulbright, FIS and Sun Life of Canada.