Crypto Payments Platform Zumo Appoints Tim Sabanov As Chief Technology Officer

Job Appointments | January 27, 2021 By:

Cryptocurrency and payments platform Zumo has appointed Tim Sabanov as its first Chief Technology Officer (CTO).

Zumo makes the buying, selling, sending and spending of digital assets seamless, simple and secure. The company’s ZumoKit SDK gives users the ability to setup and manage their own decentralized cryptocurrency wallet infrastructure.

Sabanov, who was previously Lead Technical Architect with Zumo, assumes his role immediately and will oversee the development and roll-out of new products including a debit card that converts cryptocurrencies to traditional currencies like pound sterling. Sabanov has led the development of the Zumo App, ZumoKit Enterprise Solutions platform, and most recently, the Zumo Smartfolio, which enables users to view and manage their overall cryptocurrency assets seamlessly and calculates opportunities to maximise the buying positions for user’s portfolio.

Previously, Sabanov was Full Stack Blockchain Developer with Slovenian-based app specialist D.Labs, also working with mungoparc, and Before entering the blockchain sector in 2015, He founded, a creative design agency, and was Creative Director with Kontrast Marketing, also based in Slovenia.

“Zumo is leading the field in providing technologies that democratise access to financial services,” Sabanov said. “What makes Zumo different, however, is the non-custodial approach it takes in its platforms, meaning that whether you are a business operating on the ZumoPay payments platform, or a consumer on the Zumo App, you are truly in charge of your own finances. We are just beginning to realise the potential use cases of blockchain technology which is why I am delighted to take up this post and help further Zumo’s mission to bring the benefits of smart money to everyone.”