As Business Keeps Expanding BitPay Gets New Office in Amsterdam

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As Business Keeps Expanding BitPay Gets New Office in Amsterdam

BitPay, the world leader in business solutions for the Bitcoin, a digital currency that has transformed the money has been conceived, is moving to a larger office to meet the explosive increase in demand. In a press release the company said that over the last three months, more than 2,500 merchants have signed up with BitPay and the demand for spacious office was on.

With more than 11,000 European merchants, the company wanted to establish an office that can accommodate the number well. The announcement says that Europeans are familiar with multiple currencies and are at the forefront of mobile technology adoption, so it’s easy to see why Bitcoin is popular and widely-used.

To cater to the European clients, BitPay’s new European headquarters has been opened at Herengracht 458 in Amsterdam’s Golden Bend. This 17th century building complex was formerly the seat of power for the Deutsche Bank and similar trust and banking companies. From the current financial health of Deutsche Bank, it looks like BitPay may have a bright future.

Brings in New and Experienced Staff

BitPay has also added some new professionals who enjoy expert level knowledge and experience. One of them is Timo Dijkstra, a Compliance Specialist who has previously worked as a Senior Compliance and Risk Consultant for PriceWaterhouseCoopers and has a Corporate Law degree from the University of Utrecht.

The company also hired Walter Drieënhuizen and Niels Kerstholt as Sales Associates, and Carla Jagger as the Office Manager. These professionals come with diverse background and have rich experience in the industry. For instance, Walter has previously worked at DocData, and Niels is a three time Olympian and world shorttrack speed skating 2014 relay champion.

BitPay Has More Than 75 Full-Time Employees and Five Offices Worldwide

So far, there are 75 full-time employees in BitPay. The company has 5 offices in Atlanta, Amsterdam, San Francisco, Buenos Aires, and St. Petersburg. According to Moe Levin, Director of European Business Development for BitPay in May when the company first opened the office, it was adding about 200 merchants monthly.

He informed that for the month of August BitPay added 1,100 new merchants in Europe. According to him the company has an edge in Europe as people here are familiar with multiple currencies and are at the forefront of mobile technology adoption, so it’s easy to see why Bitcoin is popular and widely-used.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com