BitPay Appoints First Chief Operating Officer

Blockchain payment services company, Bitpay, has appointed Jim Lester as its first-ever chief operating officer.

Prior to joining Bitpay, Lestor served as the SVP of product management, strategy, and marketing within Fiserv’s electronic billing and payments division. Lester brings over 25 years of experience and extensive fintech, product and money movement expertise.

“We brought in a Chief Operating Officer as we continue to scale as more payments move to the blockchain and to expand the company’s leadership position as the largest global blockchain payments provider,” Stephen Pair, CEO of BitPay, said. “Jim is a perfect fit for continued product innovation and to lead BitPay’s operation, customer support, sales and account management teams.”

Lestor will oversee BitPay’s blockchain product innovation and help the company head into the next phase of its crypto market expansion efforts.

“The blockchain space represents a massive opportunity for disruption, especially within payments, and my goal is to prepare BitPay to extend its market leadership position. BitPay has the opportunity to evolve as the market changes and own the future of payments on the blockchain. I look forward to leveraging my background in operational readiness, product strategy and revenue growth to scale BitPay’s products and services to meet this demand,” said Lester in a company statement.

BitPay enables businesses to accept cryptocurrency as a form of payment without buying, owning, or managing crypto.

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