The Singapore-headquartered exchange will begin scaling up operations with the appointment of a new COO and CFO.

Zipmex has appointed Uber's former APAC head of central operations, Scot Cheung, as chief operating officer (COO) and venture capitalist and finance veteran Nicolas Keravec as chief financial officer (CFO), the digital assets exchange announced in a statement on Thursday. 

Cheung brings more than 12 years of experience in helping companies scale and expand worldwide, having worked in Hong Kong, Shanghai, Seoul, Singapore, and London, including over 7 years at Uber.

Keravec has over 15 years of cross border experience in driving technology-focused and scalable business models, and was most recently managing director and group CFO at Rocket Internet (Asia).

Regional Expansion

The appointments will allow Zipmex to strengthen its presence in Singapore, Australia, Thailand and Indonesia through strategic partnerships, develop its suite of digital assets-related products and offerings, and build its technology infrastructure, the announcement said.

Cheung will focus on growing the platform in Australia, Zipmex's newest market, while Keravec will focus on capital deployment and expansion plans in the platform's markets.

Launched in 2019, Zipmex has over $1 billion in transaction volume on its platform. Earlier this year, the company announced that it raised $41 million in a Series B funding round with co-investors such as Krungsri Finnovate, Plan B Media and MACO Thailand.