It is becoming increasingly apparent that seasoned and highly experienced senior executives with a background in some of the most esteemed financial institutions are beginning to take a leap of faith into supporting Bitcoin startups. This week’s appointment by Bitcoin technology start up Circle is most certainly testimony to this dynamic.
As of this week, Paul Camp has joined Circle as the company’s Chief Financial Officer, Corporate Treasurer, and EVP of Financial Operations.
Mr. Camp brings nearly two decades of experience building and operating global payments businesses serving companies, consumers, and financial institutions all around the world. At Circle, Mr. Camp will act as the company’s Chief Financial Officer and will also manage core parts of the company’s financial operations at the center of enabling more frictionless use of digital currency products by our end customers. Mr Camp’s exceptional global skill set and relationships will also be critical in the company’s continued global expansion.
Prior to joining Circle, Mr Camp was the Managing Director and Global Head of JP Morgan Chase’s Transaction Services business, a $3.4B revenue global business providing treasury and payments infrastructure to financial institutions and corporations around the world. Prior to JP Morgan Chase, he served in a similar role for Deutsche Bank and helped turn DB into the #1 Euro settlement and payments platform in the world and a foundational counterparty to commercial banks globally who traded with companies and consumers in the newly formed Euro-based currency zone.
Mr. Camp is widely recognized as a leader in global finance. He graduated from Dartmouth and Harvard graduate, is a McKinsey alum, and rising has a proven career across the investment banking sector. On this basis Mr. Camp brings a great pedigree and skillset to Circle.
During 2014, Circle has been building out the broader organization.The company has more than tripled in size this year, starting with 14 employees and growing to 50 by year’s end. It expanded its operations on many fronts, including product development, systems & DevOps, risk, legal and compliance ops, security infrastructure, customer experience and support, treasury and trading operations, marketing and communications, and core office and human capital operations.
For the Circle blog, introducing Paul Camp’s appointment, click here.