Exclusive: eToro UK chief Iqbal Gandham departs, joins CoinBurp
FNG Exclusive… FNG has learned that longtime eToro UK Managing Director Iqbal Gandham has left the company, and joined fledging London-based cryptocurrency trading platform CoinBurp, as a non-executive advisor.
Mr. Gandham will focus on helping London based CoinBurp supervise its continued growth strategy, and secure a planned future Series A funding round.
CoinBurp calls itself a user-friendly crypto trading platform, and “the British and European way for cryptocurrency buying, selling and spending.” The CoinBurp platform launched in May 2019. Earlier this year the company crowdfunded a capital raise of £319,100 from 432 investors, on Crowdcube.
Iqbal Gandham served as the CEO, in the UK, for Retail FX and CFD broker eToro from 2016 until departing this summer. He was also a director of the company’s FCA licensed subsidiary eToro (UK) Limited. He looked after, among other things, the launch of eToro’s cryptocurrency trading operations. eToro is fairly well advanced in its use of social trading as well as promotion of cryptocurrency trading among its competitive Retail FX broker brethren.
While at eToro Mr. Gandham was also the Founder and served as Chair for the UK Crypto Association, the UK’s first self regulatory association for the crypto and blockchain industry. The association worked closely with other industry members and the Crypto Asset Task Force in drafting regulatory guidelines for the crypto industry in the UK.
Previously, Mr. Gandham was the Chief Marketing Officer for UK online investment management platform Nutmeg, taking it through two separate funding rounds as well as overseeing Nutmeg’s re-brand from start to finish.
Peter Wood, CEO and Co-Founder of CoinBurp commented on the addition of Iqbal Gandham to the team:
“We’re very excited to have a veteran member of the UKs Fintech industry across several fields, joining and guiding our growth strategy as we start to scale our business. We’re confident that Iqbal will play an important part in CoinBurp’s continued success as we continue on our path for mass-adoption.”