CoinPayments Names Founder Alex Alexandrov CEO in Executive Team Overhaul

CoinPayments, a global digital asset payment processor, has appointed its founder Alex Alexandrov as Group CEO, the company announced. Alexandrov, who founded the firm in 2013 and has served as its Chairman, succeeds Ali Rafi, who is departing to pursue new opportunities.

Executive Team Strengthened

The leadership change is part of a broader executive reshuffle aimed at positioning the company for a new phase of market expansion. CoinPayments has brought in several executives with extensive experience in traditional financial services:

• Simon Dewsbury joins as Group Chief Financial Officer, bringing over 15 years of experience in financial services and regulatory compliance.
• Nigel Brook-Walters, formerly of KPMG, has been appointed Group Chief Revenue Officer, with more than two decades of experience in asset management and strategic partnerships.
• Stacy Belf, an 11-year veteran of State Street, will serve as Head of Sales for North America.

Strategic Rationale

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According to a company statement, the appointments mark a strategic push to capitalize on the growing adoption of digital assets by businesses. Since its inception, CoinPayments reports it has processed over $50 billion in transaction volume for more than 250,000 merchants.

"Businesses across every industry now see digital-asset infrastructure as a genuine growth enabler," Alexandrov said in the announcement. He added that the new leadership team's focus will be on "delivering the trusted, seamless infrastructure needed for the next phase of digital-asset adoption."

Company Background

Founded in 2013, CoinPayments provides infrastructure for businesses and consumers to transact using digital currencies. The platform serves its merchant base and more than one million wallet users globally, solidifying its position as an established player in the cryptocurrency payments sector.