Hugh Kingdon joins BCB Group, Europe’s fastest-growing B2B payments institution, as advisor
London, 20 April 2020 – BCB Group, global digital financial services firm, is pleased to announce the appointment of Hugh Kingdon as an advisor.
In line with the next phase of the firm’s growth, this appointment follows the recent announcement that BCB Payments Limited has secured its Authorised Payment Institution (API) licence from the UK Financial Conduct Authority, establishing itself as the first and only crypto-focused Authorised Payment Institution.
The appointment adds further depth to the growing team, with Kingdon bringing over two decades of experience built across the global payments and fintech industry, spanning senior leadership roles at Visa, MasterCard and Barclaycard. As Head of Fintech at Visa, for which he was named joint winner of the Visa CEO award, Kingdon led the team responsible both for winning multi-billion dollar deals, and for driving the critical transformation required to reposition the firm as fintech-friendly. As a trusted independent advisor and innovator, most recently he has consulted across various app development projects and is currently an advisor at Revolut.
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. With its proprietary API and integration into the Corda network with partner LAB577, BCB remains at the cutting edge of payments technology. The firm provides payment services including business accounts and cryptocurrency market liquidity for some of the world’s largest digital asset institutions including Bitstamp, Coinbase, Galaxy, and Tagomi.
Founder and CEO Oliver von Landsberg-Sadie said, ‘As we continue to innovate in response to the needs of our expanding global client base, we remain committed to delivering excellence, seamless execution and world-class service. Hugh brings an exceptional track record in each of these areas, and we are excited to have him on board as we embark on the next phase of our growth.’
Hugh Kingdon commented, “It is rare to find an early stage Fintech with a clear business model and strong volumes; this is usually found in later stage ventures. BCB Group has transacted over $1bn since their launch less than a year ago, and their trading volumes continue to rise in the current crisis. It was therefore an easy decision to join them as an Advisor and my focus will be on helping BCB accelerate their growth.“
ENDS
For further information, please contact:
Sam Shrager
[email protected] / [email protected]
Notes to editors
About BCB Group
BCB Group is Europe’s leading crypto-dedicated payment services provider, serving some of the industry’s largest clients including Bitstamp, Coinbase, Galaxy and Tagomi. BCB Group provides payment services in 20+ currencies, FX, cryptocurrency liquidity and digital asset custody.
BCB Group comprises BCB Prime Services Ltd (UK), BCB Payments Ltd (UK), BCB Digital Ltd (UK) and BCB Prime Services (Switzerland) LLC. BCB Payments Ltd is regulated by the Financial Conduct Authority, no. 807377, under the Payment Services Regulations 2017 as an Authorised Payment Institution. BCB Prime Services (Switzerland) LLC, a company incorporated under the laws of the Swiss Confederation in the canton of Neuchâtel with business identification number CHE-415.135.958, is an SRO member of VQF, an officially recognised self-regulatory organisation (SRO) according to the Swiss Anti-Money Laundering Act.
Disclaimer
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.
