Greengage announced that it has strengthened its senior leadership team with the appointment of a new Chief Financial Officer. The company has hired former Starling Bank Head of Finance, Brennan Elliott-Jones, in order to accelerates growth of its Gibraltar business operations.
Greengage, which intends to become one of the first digital asset merchant banks, confirmed on September 27, 2021 (Monday) the appointment of its new CFO, Brennan Elliott Jones.
Brennan brings with him “extensive” experience in banking. Recently, he was working as CFO at challenger bank Fiinu and previously was serving as the Head of Finance at Starling Bank. Brennan is currently UK based but “plans to relocate to Greenage’s Gibraltar headquarters in the coming months, reflecting the importance of the jurisdiction to Greengage’s future plans.”
Greengage CEO, Sean Kiernan stated:
”Brennan has unique experience, having worked in successful challenger banks as well as in building out complicated lending functions. His technical expertise definitely stood out as an excellent fit for our requirements as a start-up digital merchant bank. We are thrilled to welcome him to our growing team. His appointment is an important step for Greengage as we build out the first merchant bank for the digital economy.”
Brennan Elliott-Jones said:
“I am delighted to join an expert team in an energetic start-up. Greengage is seeking further investment on the pathway towards a full banking licence in Gibraltar as a crypto friendly bank. Sean and the team have already delivered a highly innovative, income generating business and I look forward to this next stage of growth.”
At present, Greengage is engaged in the regulatory approval process “with the GFSC to receive a Gibraltar banking license.”
As reported recently, Greengage Global Holding Ltd, a UK registered firm, which intends to serve as the very first digital merchant bank through its wholly owned Gibraltar subsidiary, Greengage & Co. Ltd, acquired another institutional investment, along with its £2.5 million investment from IOVLabs.
At present, Greengage & Co. Ltd is working on obtaining its regulatory approval with the Gibraltar Financial Services Commission (GFSC) in order to acquire a Gibraltar banking permit.
Blockchain and Open Finance venture builder, Coinsilium Group Ltd has reportedly invested £200,000 in convertible notes and has also acquired a £300,000 equity in a secondary stake sale at a £27.3 million valuation for Greengage’s business.