Aspiring “crypto-bank” Crypterium announced last week that Marc O’Brien, the former CEO of Visa UK and a key advisor of Revolut, has been appointed as its new CEO. According to Crypterium, O’Brien has more than 25 years of experience in financial services, fintech, and regtech. He had been a long time advisor to MasterCard before joining Visa, where Marc held a number of significant positions, including 6 years as CEO of Visa UK and Ireland, company’s second most important market. During Marc’s time as CEO, Visa’s business doubled from $250 to $600 million with market share of debit card payments increasing to 97%.
Crypterium reported that O’Brien will now be leading the launch of Crypterium App that will let its users pay with cryptocurrencies with the same ease and convenience as with cash or credit cards. Users will be able to issue virtual cards, link them to Apple Pay, Samsung Pay or Android Pay, bind them to their crypto accounts and pay at any NFC terminal, or via scanning the QR codes. Speaking about his new position at Crypterium, O’Brien stated:
“I am delighted to be joining Crypterium at such an exciting time. I strongly believe that cryptocurrency is about to go mainstream and we can be pioneers to build Crypterium into a terrific business.”
Austin Kimm, COO of Crypterium, went on to add:
“We are genuinely very excited by Marc’s appointment. He brings the experience and know-how to build a global banking solution that will have no peers.”
The appointment of O’Brien comes just a couple months after Crypterium announced it will see its token trade on the HitBTC exchange.