• Timothy Stranex, the co-founder and chief technology officer of cryptocurrency exchange Luno, left in December to pursue personal projects.
• Simon Ince has taken over as the company’s new CTO.
• Luno has offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney, and claims to have over 10 million customers worldwide.
Cryptocurrency exchange Luno announced the departure of its co-founder and chief technology officer (CTO), Timothy Stranex, in December. After founding the company with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel nearly 10 years ago, Stranex decided to move on to personal projects. His successor as CTO is Simon Ince, who joined Luno just under two years ago as its vice president of engineering.
Luno is a global cryptocurrency exchange with a presence in various countries such as London, Singapore, Cape Town, Johannesburg, Lagos and Sydney. As of December 2020, the company claims to have over 10 million customers worldwide. It is also a subsidiary of Digital Currency Group (DCG), the parent company of CoinDesk.
Under Stranex’s leadership, Luno established itself as one of the most popular cryptocurrency exchanges in Europe and other parts of the world. After his departure, Ince has taken over the reins as the company’s CTO. Ince brings a wealth of experience from his previous roles as a software engineering manager at Microsoft and as the chief architect of the Fintech industry.
Luno’s CEO, Marcus Swanepoel, has expressed his utmost confidence in Ince’s capabilities and believes that he will help Luno to continue its growth and innovation. In a statement, Swanepoel said: “Simon is a great asset to the team and I’m confident that his experience and enthusiasm will help us continue to build the best experience for our customers and partners.”
Ince is looking forward to the challenge and has big plans for Luno. He said: “I’m excited to join Luno at this stage in its evolution and help shape the future of the company. We have an opportunity to continue driving progress and innovation in the industry, and I look forward to leading the team to success in the months and years ahead.”
Luno’s new CTO is sure to bring the company to new heights, as the firm continues to expand its reach and influence in the cryptocurrency space. It remains to be seen what Ince will bring to the table and how it will benefit Luno and its customers.