Ziglu founder Mark Hipperson rejoins company as executive chairman
Eight short months after announcing his resignation as CEO, Ziglu founder Mark Hipperson is rejoining the London-based cryptocurrency fintech as executive chairman.
Mark Hipperson rejoins Ziglu as executive chairman
Founded in 2018 and launched in 2020, Ziglu specialises in mobile banking and cryptocurrency services, and enables its users to transact in different currencies through a single platform.
Announcing the news via LinkedIn, Hipperson also revealed that Kevin Hanley, former head of innovation at NatWest, and Mark Jenkinson, founder of Chetwood Financial, are to join the Ziglu team as co-CEOs.
His statement also acknowledges the departure of “some incredible individuals” from the company’s team, in tandem with the reappointment of “some familiar faces” who will be tasked with supporting the company’s growth endeavours.
Hipperson says that under the new leadership structure, the company will seek to enter a period of “significant expansion”, which will include the introduction of “innovative financial investment products”, touted for arrival within the next nine months.
The company intends to leverage its regulatory approval as both an electronic money institution (EMI) and cryptoasset firm, a status it has held since September 2020, to see through the delivery of these new products and its ambition for new growth.
In April 2022, it was announced that the firm was set to be acquired by US stock-trading app Robinhood, but the deal eventually fell through.
Prior to Hipperson’s resignation in February 2023, the company also partnered with ClearBank to offer virtual GBP bank accounts to its UK customers.
