Crypto and banking app Tap Global names Kriyakant Patel as new CEO
Cryptocurrency and banking app Tap Global has named Kriyakant Patel as the new CEO of Tap Global Limited (TGL), the company’s wholly owned operating business, effective 12 June 2023.
Patel, who joins the firm from Transact Payments, will report to the Tap board of directors, including co-founder and group CEO David Carr, who the company says will now focus on his role as COO and CEO of Tap Global Group Plc.
Patel will be responsible for growing Tap Global’s user numbers, overseeing the firm’s international expansion, diversifying its revenue streams, and managing day-to-day operations.
Patel was CEO of Transact Payments for nine years, leading a team of more than 60 and implementing a three-year profit-boosting strategic plan.
He has held senior and executive leadership positions across payments, e-money, and fintech firms, previously serving as chief operating officer at Newcastle Card Solutions, an advisory board member of The Payments Association, and as chair of the Gibraltar E-Money Association.
Speaking on his appointment, Patel says Tap is well placed to “benefit from the significant opportunities in European markets and beyond” and has continued its growth despite wider challenges in the cryptosphere.
Tap Global chair John Taylor says Patel is joining the firm as it experiences “an extraordinary period of growth, despite sectoral headwinds”.
“I have no doubt that Kriya’s extensive experience will prove invaluable as we grow,” Taylor adds.
Tap Global describes itself as a “crypto-fiat exchange service provider with an associated neo banking platform” providing business-to-business (B2B) and business-to-consumer (B2C) services.
It provides users access to several major crypto exchanges, allowing them to purchase 25+ crypto assets.