BitPay, the merchant processing provider for
digital currency Bitcoin
, has officially opened its European headquarters in Amsterdam and said that it aims to have 30,000 European merchants in its network by the end of 2014 against 7,000 currently.
Moe Levin has joined the company as European director of business development. Levin, who has several years of Bitcoin experience, most recently as a conference organiser in Amsterdam and Miami, commented: “Being Bitcoin ready is about more than accepting Bitcoin, it’s about being ready for the future.”
BitPay also announced that Pieter Poorthuis, who previously managed implementations for ING’s mobile payments products, has joined as a senior sales engineer and will oversee sales and customer implementations in the eurozone.
Marcel Roelants has joined BitPay’s board of advisors. Roelants is a former general manager of MasterCard in the Netherlands, and was previously managing director at General Electric in Belgium.
“As the world of payments is changing rapidly, BitPay is at the forefront offering technology and support to merchants,” says Roelants. “Establishing its headquarters in Amsterdam is a great way to be closer to its European customers.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.