Derek Rego Joins BCB Group as CTO as Growth Accelerates at Europe’s Fastest-Growing Business Banking Partner
London, 26 May 2021– BCB Group, Europe’s leading provider of business accounts and trading services for the digital asset economy, today announced the appointment of Derek Rego as Chief Technology Officer (CTO). Previously CTO of CreditEnable, Rego also held senior technology leadership roles for over 25+ years with Citi, where his career spanned positions as Global Head of Treasury and Trade Solutions Technology and Global Electronic Banking Channels Head.
Rego joins BCB Group at a vital stage of a growth journey for the firm and brings a wealth of experience driving successful delivery of large transformation and growth programs solving complex business challenges using technology across large-scale enterprise and fintech organisations.
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.
In January, BCB Group closed a $4.5 million investment round to fund upcoming initiatives such as BCB Treasury, which aims to help companies invest in bitcoin as a treasury asset, BCB Yield Accounts and BCB Wealth Partners. Rego joins at a time when BCB is growing rapidly to help support BCB’s ambitious roadmap for democratising robust payments infrastructure for all.
Founder and CEO Oliver von Landsberg-Sadie commented: “Derek is uniquely qualified for our scale-up stage of growth, having brought a number of large-scale fintech initiatives to life. We’re thrilled to welcome Derek on board to help us build the infrastructure which crypto-land really needs.”
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.
The information contained in this press release is intended for use and publication by journalists and should not be relied upon by private investors or any other persons to make financial decisions. Furthermore, the material contained herein is for informational purposes only and should not be construed as an offer, solicitation of an offer, or an inducement to buy or sell cryptocurrencies or any equivalents either generally or in any jurisdiction where the offer or sale is not permitted. All of the views expressed about the markets, cryptocurrencies and stakeholders in this press comment accurately reflect the personal views of BCB Group. While opinions stated are honestly held, they are not guarantees and should not be relied on. The information or opinions provided should not be taken as specific advice on the merits of any investment decision. This press release may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, new legislation and regulatory actions, competitive and general economic factors and conditions and the occurrence of unexpected events. Past performance in other related cryptocurrencies is not a viable indication of future performance with actual results possibly differing materially from those stated herein. Investments in cryptocurrencies are not currently regulated by the Financial Conduct Authority. Your capital is at risk when investing in cryptocurrencies.