Former Paxful CEO Ray Youssef Named CEO of Noones, a Financial Communication App – Here’s What You Need To Know
Former Paxful CEO Ray Youssef has been appointed as CEO of Noones, a financial communication app aimed at integrating the Global South into the world’s financial systems.
Noones has announced the appointment of Ray Youssef as its CEO following its official launch, which aims to achieve a billion daily active users of Bitcoin within the next seven years.
Noones, founded in 2023, focuses on empowering financial freedom in the Global South. The platform facilitates the fast and frictionless movement of money, eliminating the bottlenecks associated with traditional banking.
With a belief in the peer-to-peer system as the world’s only true free market and Bitcoin as the new global financial architecture, Noones aims to uplift people in Africa, Latin America, and Southeast Asia.
Youssef’s appointment comes as Noones seeks to position itself as a leading financial communication app for users in emerging markets, emphasizing the transformative potential of Bitcoin in fostering financial inclusion and empowerment.
Ray Youssef brings a wealth of experience in strategic planning, product innovation, growth hacking, and operations management to Noones. As the former CEO of Paxful, he played a pivotal role in leading the company to unprecedented heights.
Youssef is also known for co-founding the Built with Bitcoin Foundation, aiming to build 100 communities across Africa to improve physical, mental, environmental, and financial health for the underserved.
On the 17th of April, Youssef left Paxful after a dispute with co-founder Artur Shaback, and he has since been involved in various initiatives, including co-authoring CivKit, designed to provide a blueprint for a censorship-resistant and permissionless global marketplace.
The same month,
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