Crypto fintech Oobit names Phillip Lord as president
Crypto fintech Oobit has named Phillip Lord as its new president.
Lord, described as “an experienced investment banker and serial blockchain investor”, will be tasked with forging partnerships, business development and executing marketing strategies.
Oobit’s new president also has more than 25 years’ worth of experience in global capital markets, has a “deep understanding” of the US, European, Asian and Australian markets and has extensive knowledge of crypto markets, including coin/token issuance and decentralised exchanges and platforms.
Oobit, which claims more than 200,000 users, allows consumers to pay with crypto on existing Visa and Mastercard point of sale (POS) terminals with merchants receiving fiat money settlements the same way as other credit card payments.
Lord says Oobit is solving “a huge consumer problem” in crypto, making it simpler to use and spend.
“I look forward to using my experience and knowledge to help grow Oobit’s business and build its brand,” Lord adds.
Co-founder Amram Adar says Lord’s “extensive experience in investment banking, blockchain investments, and marketing will be invaluable as we continue to grow and expand our business”.