Magnr announces New CEO

Announcements | September 16, 2015 By:

Magnr announced that Colin Kwan will replace Joseph Lee as the company’s CEO. Lee will assume the role of Chief Innovation Officer.

“After discovering Bitcoin in 2012, I immediately saw how the technology could revolutionise the world of finance. Before long, I left the day job to contribute to the FinTech revolution,” said Colin Kwan.

Kwan said he intends to steer the company towards becoming the leading provider of digital financial services.

The company also has a new venture targeting the inefficient back-office processes found in trading financial assets, called Project Kodo.

“By developing Project Kodo the Magnr team plan on providing levels of efficiency that were once thought to be impossible,” said Kwan.

Magnr is a bitcoin financial services provider.