Crypto Payments Firm MobileCoin Names Former Square CTO Bob Lee as Chief Product Officer

Job Appointments | December 8, 2021 By:

Digital payments ecosystem MobileCoin has added former Square (now Block) CTO Bob Lee to its executive team as Chief Product Officer.

MobileCoin is democratizing the digital payment system by enabling lightning-fast, sustainable and easy global transactions. Guided by the belief that secure and encrypted transactions are a right, MobileCoin leverages blockchain, an opaque ledger, and cryptographically protected transactions. Development of the MobileCoin ecosystem is spearheaded by the MobileCoin Foundation.

Lee brings nearly two decades of deep expertise in building digital and physical products for a mobile-first world, having served as Square’s first CTO and creating Cash App (formerly Square Cash). During the COVID-19 pandemic, he also assisted the WHO with their mobile app and led development for an at-home testing company.

According to Lee, “the traditional financial system leaves behind hundreds of millions of ‘unbanked’ people worldwide and consequently excludes them from the associated benefits. MobileCoin corrects this injustice with its novel blockchain technology—the first solution worthy of the analogy ‘digital cash,’ as measured by cost, speed, and security.”

“Much like encrypted messengers support free speech, MobileCoin supports free commerce,” Lee continued. “With financial data security more important than ever, developing end-to-end encrypted payment technology isn’t just smart—it’s our responsibility.”

“As the world seeks alternatives to physical cash and embraces cryptocurrency, MobileCoin is focused on making it easy, fast and cheap for anyone to transact across the world, on a payments platform that is safe for users, data and the environment,” said Josh Goldbard, founder and CEO of MobileCoin. “We already brought together best-in-class blockchain technology with newly created, multi-layer encryption. Now, we are furthering our ongoing product strategy and technology development with Bob. I can’t imagine a more qualified innovator to help us build MobileCoin products for consumers and merchants worldwide.”

“After closely advising the MobileCoin project this past year, I’m excited to join the team full-time and help actualize key product launches and integrations,” Lee continued. “Josh has done incredible work growing the company so far—I’m prepared to help MobileCoin reach its full potential.”

Lee will be speaking at MobileCoin’s inaugural conference, Crypto Renaissance—an intimate event on December 10th in San Francisco. Crypto Renaissance is bringing together thought leaders across the crypto landscape, discussing the pain points and opportunities being created across industries and sharing a vision on how digital cash will improve the world as we know it.