Ripple Hires Mastercard’s Sendi Young as European Managing Director

Young will be responsible for overseeing strategy, including the expansion of Ripple’s network technology, RippleNet.

Jun 30, 2021 at 12:29 p.m. UTC
Updated Sep 14, 2021 at 1:19 p.m. UTC

Ripple, the digital currency issuer behind the XRP token, has hired Mastercard executive Sendi Young as managing director of its European operations.

  • In a blog post, Ripple said Young will oversee strategy, including the expansion of its network technology, RippleNet.
  • Prior to joining Ripple, Young spent five years at Mastercard with responsibility for driving strategy, commercialization, bank-fintech partnerships and business development.
  • “As adoption of crypto and blockchain grows, more financial institutions, payment service providers and small businesses are turning to trusted players in the space to prepare them for a crypto-enabled future,” said Asheesh Birla, general manager of RippleNet.
  • Ripple said the European market is a critical one for the company. It has experienced “tremendous” transaction and customer growth in the region, and a quarter of its current customers are based in Europe.
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Capital Flight or the Seeds of the Next Cycle?

With money leaving stablecoins and the industry as a whole, is there any good news?

With money leaving stablecoins and the industry as a whole, is there any good news?

2
Bitcoin Needed to Get Its Face Ripped Off

Now is the perfect time to learn all there is to learn about the crypto world.

Now is the perfect time to learn all there is to learn about the crypto world.

3
Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes

Traders continue to hedge against further price declines.

Traders continue to hedge against further price declines.

4
Bitcoin lucha por mantener el soporte en $27K-$30K

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.