CoinPayments to Expand Into North American, European Markets

CoinPayments, one of the top cryptocurrency payment processors in the world, has launched what it calls its “global business development and partnerships team,” according to a press release from the group.

This team is meant to “drive growth across key North American and European markets,” the release states.

Speaking on the matter is Jason Butcher, the CEO of CoinPayments, who said:

“CoinPayments is already a global company with merchants in more than 180 countries, but now is the time to build bridges to local merchant communities and increase the types of offerings our existing community has asked for. Sam and Simon bring a complementary set of skills and will serve as the cornerstones of our expansion strategy in key European and North American markets.”

Simon Bowles will be head of the European expansion, who comes from a decade of experience in the world of finance and entrepreneurship. He had been a trader for some time before delving into cryptocurrency and blockchain, the release also states.

Sam Fagin will be the head of the North American branch, who was once the CEO of OmniCash.

Speaking on the matter is Sam Fagin, who said:

“Our goal is to educate and engage businesses of all sizes during a time of significant transformation as ecommerce shifts to a primary revenue stream and digital payments become the standard, not the outlier. At CoinPayments, stay tuned for a range of new partnerships and product offerings that will further strengthen our position as the easiest way to accept crypto as a form of payment.”