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BUX appoints former Ripple executive as its first Head of Growth

Aditya Pasumarty to lead product vision and innovation

Amsterdam, November 29, 2018 - BUX, Europe’s fastest-growing mobile brokerage, today announced the appointment of Aditya Pasumarty as its first Head of Growth. He will lead the evolution of BUX’s mobile app, with a focus on user growth and revenues. Pasumarty will be based in Amsterdam and report to the CEO.

“We’re thrilled to welcome Aditya to BUX at such a pivotal moment in our business,” said Nick Bortot, CEO of BUX. “We have ambitious plans for 2019 and Aditya will play a key role in innovating our product for nearly 2 million users across Europe. His entrepreneurial drive combined with his deep experience in scaling product for high-growth organisations will help drive the next phase of BUX’s growth.”

Pasumarty brings with him nearly a decade of experience in the financial services industry, having helped to build consumer and enterprise products from the ground up. Most recently, Pasumarty served as Director of Product at Ripple, the world’s leading provider of blockchain solutions for global payments. Prior to that, he was an early member of the product team at Venmo, a leading mobile payment service in the US that was acquired by PayPal in 2013.

“I was immediately drawn to BUX’s mission of providing painless solutions for everyone who wants to do more with their money,” said Pasumarty. “Although I studied finance at university and have broad experience in financial services and fintech, investing still remains a challenge for me. So I can only imagine how difficult it must be for everyone else. This is why I’m excited to take on this opportunity to further develop BUX’s vision and deliver a great product our users love.”

In this newly created role as Head of Growth, Pasumarty will be responsible for leading the Product and Marketing teams; guiding the company’s long-term product vision and growth strategy; and continuously innovating the core product offering to deliver a dynamic customer experience.

Additional career opportunities are available now across many BUX departments.

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About BUX

About BUX

BUX makes it easy and affordable for Europeans to do more with their money. Since launching in 2014, BUX has made the markets accessible for more than 2.5 million users across 9 countries in Europe. BUX currently offers 3 apps that allow users to explore the financial markets including BUX Zero, the flagship platform that is making commission-free investing possible, allowing users to invest in the brands and companies they care about. BUX Zero is currently available in the Netherlands, Germany, Austria, France and Belgium. BUX X, launched in 2014, offers short-term, leveraged trading, all powered by a vibrant in-app community. BUX Crypto, launched in 2020, now offers an easy and affordable way to invest in Bitcoin and other digital currencies. Headquartered in Amsterdam, the Netherlands, the company is backed by Holtzbrinck Ventures, Velocity Capital, Orange Growth Capital and Initial Capital.

The investment services of BUX Zero are authorised and regulated by the Dutch Authority for Financial Markets (Autoriteit Financiële Markten - AFM). BUX X, the trading name of BUX Financial Services Limited, is regulated by the Financial Conduct Authority, FCA Register number 184333. The services of BUX Crypto are offered by BUX Alternative Investments BV.

Over BUX

BUX maakt het voor iedereen makkelijker meer met je geld te doen. Of het nu gaat om lange termijn beleggen in aandelen en of om korte termijn handel in hefboomproducten. Sinds de officiële lancering van BUX in 2014 maken meer dan 2,5 miljoen mensen uit 9 Europese landen gebruik van de BUX apps. Met BUX Zero, BUX nieuwste app, kunnen beleggers aandelen van hun favoriete bedrijven kopen en verkopen zonder dat ze daarvoor commissie betalen. BUX Zero is op dit moment beschikbaar in Nederland, Duitsland, Oostenrijk, Frankrijk en België. BUX X biedt handel in hefboomproducten en daarnaast is er een levendige trading community in de app. Met BUX Crypto kunnen gebruikers op een makkelijke en betaalbare manier in cryptocurrency beleggen. BUX heeft kantoren in Amsterdam en Londen en het bedrijf heeft oa. Holtzbrinck Ventures, en Velocity Capital als aandeelhouder.

De beleggingsdiensten aangeboden via BUX Zero van BUX B.V. worden gereguleerd door de Autoriteit Financiële Markten (AFM). BUX X is een handelsnaam van BUX Financial Services Limited. BUX Financial Services Limited is een in Engeland en Wales geregistreerd bedrijf onder registratienummer 03148972. BUX Financial Services Limited is geautoriseerd en gereguleerd door de “Financial Conduct Authority”, FCA registratienummer 184333.