Monaco Technology GmbH, the pioneering payments and cryptocurrency platform allowing users to buy, exchange, and spend cryptocurrencies such as Bitcoin and Ethereum at perfect interbank exchange rates, today announced that Brent Diehl has joined Monaco as Senior Vice President, International Expansion. Diehl will be based in Monaco’s Singapore office and will lead Monaco’s global rollout efforts as the company expands further into Asia-Pacific and into Europe and North America.
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Diehl has over 20 years of experience in payments and international business development. He founded and served as Managing Director for the Singapore-based Alliance Payment Solutions, a digital payments consultancy firm with clients throughout Asia-Pacific, Europe, United States, and the Middle East. His previous positions have included senior roles at Visa, where he managed Prepaid Partner Solutions, Visa’s prepaid consultancy division, for the AP-CEMEA regions; Western Union, where he led international expansion efforts for their prepaid cards; and Home Depot, where he was responsible for card portfolios outside of the United States. Diehl also served on Monaco’s advisory board since 2016.
“Brent’s wealth of industry experience and knowledge makes him a key hire as we continue to expand into new markets and bring cryptocurrency to every wallet,” said Kris Marszalek, Co-founder and CEO of Monaco. “With his extensive experience, we are confident that Monaco’s expansion to Europe and North America will be a smooth and successful process, and we look forward to introducing our Monaco cards to the rest of the world.”
Founded in June 2016, Monaco raised US$26.7 million through one of the most successful Token Sale events to date. The company is headquartered in Switzerland with offices in Hong Kong and Singapore.
As a side note from the editor of Monaco Wealth Management:
Since 2012 Monaco also protects its name as a brand, therefore it is not easy to use the word “Monaco” or “Monte-Carlo” in your company, brand or in your product name anymore. However it is obvious that Monaco and Monte-Carlo are names which have been a magnet for prestigious and luxury brands.
In 6 April 2012 a Monaco based limited company was created protecting the “Brands of the State of Monaco”, it is called Monaco Brands. They are safeguarding, promoting and defending the entire portfolio of brands they own or license.
Therefore once you use Monaco as a company or commercial name, or as a product name you breach international trade mark rights.
See the official Government issued statement.
Monaco Brands insist that the launch of this payment card infringes its rights and it has already initiated opposition proceedings.