Edinburgh-based digital currency and payments platform Zumo has appointed its first chief technology officer, to lead its plans for new product launches later this year.
Tim Sabanov, who was previously lead technical architect, assumes the role immediately and will oversee the development and roll-out of a debit card that converts cryptocurrencies to traditional currencies.
He brings 10 years of leadership in providing solutions to firms working with blockchain technologies and specialises in payments.
Sabanov was most recently a full stack developer with Slovenian-based app specialist D.Labs - and has also worked with mungoparc, SPRD.digital and Zabec.net.
Before entering the blockchain sector in 2015, he founded creative design agency Vragec.si and was creative director with Kontrast Marketing, also based in Slovenia.
Since joining Zumo this time last year, he has led the development of the Zumo App, ZumoKit Enterprise Solutions platform, and most recently, the Zumo Smartfolio, which lets users to view and manage their cryptocurrency assets and calculates opportunities to maximise buying positions.
Sabanov is based in Edinburgh, from where he leads a team of developers working in Scotland, London and Slovenia.
He commented: “What makes Zumo different is the non-custodial approach it takes in its platforms, meaning that whether you are a business operating on the ZumoPay payments platform, or a consumer on the Zumo App, you are truly in charge of your own finances.
“We are just beginning to realise the potential use cases of blockchain technology which is why I am delighted to take up this post and help further Zumo’s mission to bring the benefits of smart money to everyone.”
Co-founder and chief executive Nick Jones added: “Tim is a leader in blockchain technologies of truly global stature and his experience will take our products to the next level.
“We are so excited for him to take up the role and can’t wait to bring his plans to market.”
