Paysafe has named Elbruz Yilmaz as its Senior Vice President, Crypto, a company role that has been recently created. His responsibilities include expanding the company’s group-wide cryptocurrency offering.
Paysafe Digital Wallets Division CEO Chirag Patel said: “Without doubt, the crypto market is continuing to expand rapidly and represents an important growth opportunity for Paysafe as one of the most reputable, specialized payments players in this space.
“Against this exciting market context, the timing of Elbruz’ appointment is perfect as more and more of our merchant and consumer customers lean on us to further ramp up our crypto payments offering.”
Yilmaz will step into his new position with prior cryptocurrency experience. He previously worked for Bitpanda, a Vienna-based cryptocurrency and digital asset platform prior to joining the Paysafe team. While at Bitpanda, he served as its Managing Director, MENA and Turkey. His responsibilities there included leading strategy and operations for the company.
Patel offered further comments regarding Yilmaz’ previous experience in the field.
“Elbruz’ deep knowledge and experience of all things crypto, together with his impressive network of industry contacts, adds real strength to our existing crypto team and will enable us to continue winning in this space,” he said.
Yilmaz said he looks forward to embracing this opportunity. He commented: “Crypto is an exciting opportunity for Paysafe whose core strengths around regulatory compliance, digital wallet infrastructure and multiple payment technologies set it up well to meet the evolving needs of its customers globally.
“I am thrilled to be joining such a talented team and playing my part in accelerating this growth.”
