LONDON, UK: Tap Global Group Plc, the regulated crypto app bridging the gap between traditional finance and blockchain technology, announced the appointment, with effect from 12 June 2023, of Kriyakant “Kriya” Patel as Chief Executive Officer of Tap Global Limited (TGL), the Company’s wholly owned operating business.

He will report to the Tap Board of Directors including the Group Chief Executive Officer, David Carr.

Kriya has held senior and executive leadership positions across payments, e-money, and financial technology businesses, including as Chief Operating Officer of Newcastle Card Solutions, Advisory Board Member of The Payments Association, Chair of the Gibraltar E-Money Association and, most recently, as Chief Executive Officer of Transact Payments Limited (“Transact”) for nine years.

During his tenure at Transact, the payment services provider, Kriya was responsible for the management of all business areas, a team of over 60 employees, and implementing a three-year rolling strategic plan to drive profitability. He oversaw a continuous period of revenue growth at the business. At TGL, Kriya’s focus will be on growing the business’ user base, international expansion, diversifying revenue streams, and overseeing day-to-day operations.

John Taylor, Chairman of Tap Global Group Plc, commented: We are delighted to welcome Kriya to Tap. The Company is experiencing an extraordinary period of growth, despite sectoral headwinds, and to be able to attract someone who has delivered strategic growth throughout his career is a significant coup. Kriya is a hugely respected individual in the FinTech sector, both in Gibraltar and the UK, and his agreement to join TGL is a notable vote of confidence in the business. I have no doubt that Kriya’s extensive experience will prove invaluable as we grow.”

Kriya Patel, CEO designate of Tap Global Limited, said: I have had a close working relationship with Tap over the last four years and have always been incredibly impressed with the platform, people, and potential. I am delighted to join the team and look forward to leading the strategic growth of the operating company. Tap has continued its impressive growth through the various challenges in the wider crypto environment and is, in my view, uniquely placed to benefit from the significant opportunities in European markets and beyond by focussing on a customer-driven product need, whilst maintaining its regulated and security-first approach.”

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