ATLANTA--(BUSINESS WIRE)--BitPay, the world’s largest world’s largest provider of Bitcoin and cryptocurrency payment services, today announced two new executive hires, Jagruti Solanki, CPA, MBA, CGMA as Chief Financial Officer, and Shaun Worley as Product Vice President. BitPay is at the forefront of blockchain payment technology globally and these new executive hires will help support the company through its next phase of growth as a global financial organization.
“The future of payments is on the blockchain and BitPay has the opportunity to continue to lead and disrupt the current global payments market,” said Stephen Pair, CEO and co-founder of BitPay. “With the addition of Jagruti and Shaun, BitPay is able to continue its growth plans as the largest global blockchain payments provider to make it easier, faster and less-expensive for businesses to transact.”
Prior to joining BitPay, Ms. Solanki served as an Assurance Partner with Aprio, LLP, specializing in technology and blockchain companies including Fintech, Software and SaaS. She oversaw accounting, auditing and financial reporting advisory for technology companies including blockchain companies with digital assets. Ms. Solanki is well-known in the industry and speaks at blockchain conferences providing companies with insights, best practices and pitfalls related to blockchain accounting, audit, tax, regulatory, valuation and cyber risk considerations. In 2018, she received the AICPA’s Innovative Practitioner of the Year Award for her work on blockchain accounting. In 2019, she was named as 50 On Fire by Atlanta Inno, and also listed as one of the 21 people by Accounting Today to watch in 2020 in the Top 100 Most Influential People. In 2021, she was recognized as 40 under 40 by Atlanta Business Chronicle. Ms. Solanki received a Bachelors of Commerce in Advanced Accounting and Post-Graduate Diploma in Finance from India. She graduated with her MBA in Management Accounting from Maharishi University. She holds a CPA in the State of Georgia.
As Vice President of Product, Shaun Worley is responsible for BitPay’s suite of blockchain based financial service offerings including the company's payment acceptance products and processing and the BitPay Wallet App. With 20 years’ experience, Mr. Worley has led product teams and gained expertise across product positioning, product strategy, new product development and product management for mobile, ecommerce and payment solutions. Previous to BitPay, Mr. Worley served as VP Product and Operations at Swivel where he matured the company’s digital leasing platform for leasing agents and brokerage partners. He also held executive and product management positions with RhythmOne, Perk, First Data, TeleTech and Dish Network. He received a Bachelor of Science in Business from the University of Northern Colorado and has a patent for a contactless payment acceptance.
BitPay is a pioneer and leader in global blockchain payments and supports payments from Bitcoin, Bitcoin Cash, XRP and ETH, as well as four dollar-pegged stablecoins, USDC, GUSD, PAX and BUSD. The Company’s suite of products enable businesses to accept cryptocurrency payments globally for ecommerce goods and services or cross border transactions while receiving settlements in fiat currency. BitPay permits transactions from any computer or mobile device.
Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
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