Cryptocurrency payment infrastructure provider Banxa announced the appointment of Zafer Qureshi as co-CEO.

ChainCatcher news, the encrypted payment infrastructure provider Banxa Holdings Inc. announced the appointment of Zafer Qureshi as Co-CEO, partnering with Holger Arians. This strategic move aims to "leverage the combined expertise of both parties to propel Banxa into a new era of growth and innovation."

Chairman and Co-CEO Holger Arians stated, "Zafer's joining the team has played a significant role in Banxa's development over the past 12 months. Zafer and I have worked closely together to transform Banxa from a loss-making company into a sustainably profitable one. Our complementary skills and shared vision make this co-leadership model an exciting development for Banxa. We are committed to driving Banxa's continued success and delivering exceptional value to our stakeholders."