Posted on 21. January 2023 in Allgemein
• Timothy Stranex, the co-founder and chief technology officer of cryptocurrency exchange Luno, left the company in December.
• He was replaced as CTO by Simon Ince, who joined Luno two years ago as vice president of engineering.
• Luno, which is owned by Digital Currency Group, has offices in London, Singapore, Cape Town, Johannesburg, Lagos, and Sydney, and has over 10 million customers worldwide.
Cryptocurrency exchange Luno has announced the departure of its co-founder and chief technology officer (CTO), Timothy Stranex, who left the company in December to pursue personal projects. Stranex, who founded Luno with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel nearly 10 years ago, was replaced as CTO by Simon Ince.
Ince joined Luno two years ago as vice president of engineering and has now assumed the role of CTO. Luno is owned by Digital Currency Group (DCG) and has offices in London, Singapore, Cape Town, Johannesburg, Lagos, and Sydney. According to the company, Luno has over 10 million customers worldwide and provides customers with access to cryptocurrency trading, storage, and educational resources.
In addition to its cryptocurrency trading services, Luno also offers a range of other services, including digital wallets, merchant solutions, and a payment platform. The company also provides its customers with a range of educational resources, including tutorials and webinars, as well as a blog featuring news and insights into the world of cryptocurrency.
Commenting on the departure of Stranex, Swanepoel said: “I want to thank Tim for his enormous contribution to the success of Luno and to wish him all the best in the future. His technical expertise and leadership have been instrumental in setting the foundation for our company’s growth. I am confident that Simon Ince will carry on the great work of our CTO with his broad knowledge and experience in the technology space.”
Stranex, on the other hand, said: “It’s been an incredible experience to be involved in the creation and growth of Luno from the early days. I’m proud of the legacy of the product and the team that has been built and I wish Simon and the team all the best.”
Ince, who is now the new CTO of Luno, is a software engineer and entrepreneur with a background in cloud and distributed systems. He has held a number of senior engineering positions in the past, including at Google and Microsoft. He is also a founding member of the Cloud Native Computing Foundation.
As CTO of Luno, Ince will be responsible for leading the company’s engineering team and will be instrumental in driving the company’s product strategy and development. He will also be a key figure in driving the company’s efforts to build out its technical infrastructure and ensure the security of its customers’ funds.
Luno’s new CTO is confident that the company is well-positioned to continue growing and innovating. He said: “I am excited to be joining the Luno team at such an important time. We have an incredible opportunity to build a world-class product and I am looking forward to leading the engineering team to achieve this.”