Blockchain
Ex JP Morgan/Wirex Executive Joins Banxa as Managing Director to Head European Expansion
Toronto, Ontario and Amsterdam, Netherlands–(Newsfile Corp. – October 5, 2021) – BANXA Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or “The Company”), the world’s first listed payment service provider (PSP) and Reg-Tech platform for the digital assets industry, today announced its continued focus on further global expansion and the hire of Mr. Jan Lorenc as Managing Director of Europe.
Mr. Lorenc joins Banxa from fast growing fintech Wirex, where he led European operations as Managing Director and Head of EEA Markets. Prior to that, Jan was with TransferMate Global Payments, JP Morgan, Allied Irish Bank and Anglo Irish Bank. Mr. Lorenc brings vast experience in the financial services and payments industry, coupled with a wide network across Europe.
This critical hire will accelerate Banxa’s expansion into more European countries with a focus on obtaining more local digital asset licenses and regulations and add local payment methods in order to provide fast and secure access to digital currencies for users across the continent. Banxa’s partners will benefit from higher conversion rates and more trusted payment methods which means their users are able to upload more value on our partners’ platforms.
Speaking on his new role, Mr. Lorenc said, “I am very excited to be joining Banxa. I believe the cryptocurrency sector is coming of age, and companies that understand that building the new financial world means integrating and improving the traditional financial markets is the best way to do that will have a huge head start on the competition. With its geographical reach and global and local payments approach, Banxa is uniquely positioned to do this. I look forward to building out the EU capabilities and teams of dedicated professionals for the long term.”
Speaking of the appointment, Holger Arians, CEO of Banxa, said, “It is with great pleasure that I welcome Jan onboard. As we grow and expand globally, it is critical that we bring on experienced hires in each of our key markets. Jan represents a foundational piece for our EU expansion strategy. We are in the process of expanding our regulatory and compliance capabilities across a number of markets in the EU, and Jan will lead these efforts. Additionally, our EU workforce has grown from 4 people to close to 30, and having strong leadership and management practices in that region is a must. Jan is uniquely qualified to fill this role.”
—
ON BEHALF OF THE BOARD OF DIRECTORS
Per: “DOMENIC CAROSA” https://twitter.com/dcarosa
Domenic Carosa
Chairman (1-888-218-6863)
ABOUT US
Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00)
Banxa powers the world’s largest digital asset platforms by providing payments infrastructure and regulatory compliance across global markets. Banxa’s vision and mission is to build the bridge that provides people in every part of the world access to a fairer and more equitable financial system. Banxa is headquartered in Melbourne, Australia, with European headquarters in Amsterdam, the Netherlands.
For further information, go to www.banxa.com.
This news release may contain “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance.
Banxa’s statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of Banxa’s control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties of the Company’s business, including: Banxa’s assumptions in making forward-looking statements may prove to be incorrect; adverse market conditions, including risks related to COVID-19 and risks that future results may vary from historical results.
Except as required by securities law, Banxa does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Banxa Holdings Inc
For additional information:
CONTACTS:
Investor Relations:
North America: +1 (604) 609 6169,
International: +61 451 744 080,
Email: [email protected]
Lytham Partners, LLC,
Ben Shamsian,
New York/Phoenix,
Email: [email protected]
Media Contacts:
Liam Bussell, Head of Corporate Communications
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98571
This June 4-5, the premier MARE BALTICUM Gaming & TECH Summit will be held at the luxurious Hilton Tallinn Park in Tallinn, Estonia. This event promises to be a pivotal gathering for industry leaders in iGaming and technology, offering a deep dive into regulatory trends, technological innovations, and market dynamics.
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- Regulatory Evolution in iGaming: Adapting to the Baltic Standards
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- An essential discussion for those looking to understand the complex and diverse regulatory environments across these key markets.
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- A masterclass addressing the impact of critical EU regulations on the digital and iGaming sectors.
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Day 2 Highlights (June 5, 2024)
- Future-Proofing Digital Engagement: Mastering Gamification, Mobile Innovation, and Regulatory Compliance in the AI Era
- This session will focus on leveraging gamification and mobile technology to meet today’s digital and regulatory demands effectively.
- Centre of Positive Influence (COPI) session
- Engage in discussions that inspire and drive positive change across the gaming and tech industries.
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- Gain valuable SEO strategies to enhance your affiliate marketing efforts and boost your site’s visibility.
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- Learn how integrating various digital marketing disciplines can create powerful synergies for your business.
- Workshops on Baltic Compliance in Web3, Fintech, and Blockchain; and Mastering iGaming Compliance in the Baltic Region
- These intensive workshops will provide hands-on insights into navigating the regulatory landscapes of emerging technologies and iGaming compliance.
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The post Discover the Future of iGaming & TECH at the MARE BALTICUM Gaming & TECH Summit appeared first on HIPTHER Alerts.
Blockchain
XCAD Network to Launch Inaugural v2 Creator Token $DON on Ape Terminal with YouTube Star TheDonato
XCAD Network, a leading Watch2Earn tokenisation platform for YouTubers, is excited to announce the upcoming launch of its inaugural V2 creator token, $DON, in collaboration with Ape Terminal. The creator token to be launched in partnership with TheDonato, South America’s prominent content creator with 40M+ subscribers and 7B views, has garnered over 25,000 sign-ups and a 2,400% oversubscription.
The strategic listing on Ape Terminal aims to draw TheDonato’s vast fanbase into the crypto space, which would inject fresh capital from Web2 users, marking a significant milestone for XCAD Network’s foray into creator tokens. The launch of $DON signifies a new chapter in
fan engagement and content monetisation, revolutionising the relationship between creators and their audiences.
Oliver Bell, CEO and Co-founder of XCAD Network, shared his vision for the collaboration with Ape Terminal and TheDonato, stating, “This launch on Ape Terminal represents a transformative moment for XCAD Network and the creator economy at large. With Ape
Terminal’s sophisticated infrastructure, it provides the perfect launchpad for creator tokens like $DON, facilitating seamless transactions and ensuring broad accessibility to both seasoned crypto enthusiasts and newcomers from Web2.”
Through the upcoming launch of $DON, fans will be turned into stakeholders through governance. They will also find a deeper engagement with TheDonato through meet-and-greet sessions, featuring in TheDonato’s videos, an exclusive Discord community, and more.
“The $DON token is just the beginning,” added Bell. “Our platform empowers creators like TheDonato to deepen connections with their fans while offering fans unprecedented access and influence over their favourite content. The collaboration will enable us to roll out a suite of
creator tokens that empower fans and enhance the digital content landscape. We are thrilled to see how this evolves and the new opportunities it creates for creators and their communities.”
With a total supply of 1 billion tokens, the $DON token allocation includes 30% for fan incentives, 20% for pre-sale, 30% for MM-Exchange-LP, and 10% each for contributors and marketing. Through $DON, fans transcend traditional boundaries, gaining unparalleled access
and influence over TheDonato’s creative journey while being rewarded for their unwavering support.
This launch will not only mark a milestone for XCAD Network, but also underscore Ape Terminal’s position as the go-to platform for groundbreaking crypto ventures, ushering in a new era of creator-fan interaction and financial empowerment.
The post XCAD Network to Launch Inaugural v2 Creator Token $DON on Ape Terminal with YouTube Star TheDonato appeared first on HIPTHER Alerts.
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