Paysafe appoints Elbruz Yılmaz to new cryptocurrency role

In his new role, Yılmaz will work on expanding Paysafe’s crypocurrency offerings for its merchant and customer needs. His appointment takes effect immediately.

Prior to his new position Yılmaz was the managing director of the Middle East, North Africa and Turkey for cryptocurrency and digital asset investment platform Bitpanda.

“Crypto is an exciting opportunity for Paysafe whose core strengths around regulatory compliance, digital wallet infrastructure and multiple payment technologies set it up well to meet the evolving needs of its customers globally,” said Yılmaz. “I am thrilled to be joining such a talented team and playing my part in accelerating this growth.”

Yılmaz is the newest senior hire to Paysafe’s digital wallet division, which is led by digital wallet CEO Chirag Patel.

“Without doubt, the crypto market is continuing to expand rapidly and represents an important growth opportunity for Paysafe as one of the most reputable, specialised payments players in this space,” said Patel. “Against this exciting market context, the timing of Yılmaz’ appointment is perfect as more and more of our merchant and consumer customers lean on us to further ramp up our crypto payments offering.

“Yılmaz’s deep knowledge and experience of all things crypto, together with his impressive network of industry contacts, adds real strength to our existing crypto team and will enable us to continue winning in this space.”