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Crypto Platform Zipmex Announces Senior Hires

By Maria Santos
1 min read
Bitcoin Coin
Bitcoin Coin
In this article (5)

The Singapore-headquartered exchange will begin scaling up operations with the appointment of a new COO and CFO.

Zipmex has appointed Uber’s former APAC head of central operations, Scot Cheung, as chief operating officer (COO) and venture capitalist and finance veteran Nicolas Keravec as chief financial officer (CFO), the digital assets exchange announced in a statement on Thursday.

Cheung brings more than 12 years of experience in helping companies scale and expand worldwide, having worked in Hong Kong, Shanghai, Seoul, Singapore, and London, including over 7 years at Uber.

Kerevac has over 15 years of cross border experience in driving technology-focused and scalable business models and was most recently managing director and group CFO at Rocket Internet (Asia).The appointments will allow Zipmex to strengthen its presence in Singapore, Australia, Thailand and Indonesia through strategic partnerships, develop its suite of digital assets-related products and offerings, and build its technology infrastructure, the announcement said.

Cheung will focus on growing the platform in Australia, Zipmex’s newest market, while Kerevac will focus on capital deployment and expansion plans in the platform’s markets.

Launched in 2019, Zipmex has over $1 billion in transaction volume on its platform. Earlier this year, the company announced that it raised $41 million in a Series B funding round with co-investors such as Krungsri Finnovate, Plan B Media and MACO Thailand.

Questions & Answers

Q.

What are the new COO and CFO expected to achieve for Zipmex?

A.

The new COO and CFO are expected to strengthen Zipmex's presence in key markets, develop new digital assets products, and build its technology infrastructure. They will focus on platform growth and capital deployment for expansion plans.

Q.

Which specific markets will the new COO be focusing on?

A.

The new Chief Operating Officer, Scot Cheung, will be focusing on growing the platform in Australia. This is identified as Zipmex's newest market, indicating a key area for expansion.

Q.

What is the total transaction volume achieved by Zipmex since its launch?

A.

Zipmex has achieved a transaction volume of over $1 billion on its platform since it was launched in 2019. This figure was mentioned in the context of the company's recent announcements.

Q.

Which companies co-invested in Zipmex's recent funding round?

A.

Co-investors in Zipmex's recent Series B funding round included Krungsri Finnovate, Plan B Media, and MACO Thailand. The company successfully raised $41 million in this round earlier this year.

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