Cryptocurrency payments solution MoonPay has appointed Nils Puhlmann as its Chief Risk and Security Officer. 

Puhlmann was previously the Chief Trust and Security Officer at travel tech firm TripActions and before that held the same role at Twilio, a cloud communications platform-as-a-service based in San Francisco.  

He was also the co-founder and former board member of the Cloud Security Alliance, a global community of over 50,000 computer security professionals. 

In his role at MoonPay, Puhlmann will focus on assuring the safety and security of all operations as the company continues to scale.  

The company says his wealth of experience in security, risk management, and compliance will be critical as MoonPay grows its user and partner base across new markets, ensuring the business adheres to all regulations and creating a secure ecosystem for its users. 

Puhlmann’s appointment follows MoonPay’s hiring of former Coinbase UK CEO, Zeeshan Feroz, as its Chief Growth Officer in March.

Ivan Soto-Wright, founder and CEO at MoonPay said: “At MoonPay, we have ambitious growth plans, and as we continue on our journey and expand into new markets, the safety and security of our customers and partners’ data is of the utmost importance.  

“Puhlmann’s experience and strength in protection and risk management will be fundamental as we continue to grow. We’re delighted to welcome him to the team.” 

Puhlmann added: “MoonPay’s growth over the last 24 months has been impressive in a particularly competitive market.  

“Its mission to provide the technology that will allow one billion users to access cryptocurrency by 2030 is one that I have long-shared and I am thrilled to join this talented team at this exciting stage of the company’s development. 

“As MoonPay continues to expand into new markets and work with a range of new partners, risk, compliance and security will become increasingly important. I look forward to building on the stellar work already done by the team, and working to set a higher bar for the industry.”