Moonpay Announces Appointment of JD Milwood As Vice President of Growth

Moonpay Announces Appointment of JD Milwood As Vice President of Growth

JD will be responsible for leading growth, data and marketing to boost brand awareness.

The firm recently conducted its seed round funding and intends to increase staff numbers.

On December 14, Moonpay, a payment infrastructure provider for crypto firms, announced the appointment of JD Milwood as the companys Vice President of Growth. JD joins Moonpay at a crucial period when the company recently concluded its $555 million series A funding round last week, which was led by Tiger Global Management, Coatue, among other partners.

Before joining Moonpay, JD came from Curve payments card firm where he served as the Vice President of Growth and Product. Additionally, he worked at the crypto exchange platform, Coinbase as the Head of growth. JD also worked at various companies including Uber, Mercer and Dolby Laboratories where he was in charge of various growth-related roles.

In his role at Moonpay, JD will be responsible for leading growth, data and marketing to boost brand awareness, while rapidly scaling the companys customer base. His massive work experience across product and growth job-related functions would be crucial at a time when Moonpay is seeking to expand its customer base and partners across new markets. Such commitment would enable the firm to build its exposure while continuing to innovate and develop seamless ways for clients to purchase and sell NFTs, crypto coins and other digital assets.

JDs appointment comes at a time when Moonpay hired Nils Puhlmann as Chief Risk & Security Officer back in August. The firm recently conducted its seed round funding, and now it intends to increase the staff numbers across all departments beginning next month.

The Booming Crypto Industry

As cryptocurrency prices surged over the previous year, the job market for the emerging industry has seen enormous growth. The number of postings for crypto and blockchain jobs have soared by 118% on the Indeed employment website in the past 11 months, rising from 599.6 per million jobs posting in September 2020 to 1,307.8 per million in mid-July 2021.

The crypto rally significantly increased product demand and revenue for several firms, and as a result, it boosted aggressive hiring, especially across operational sectors like management and marketing. Crypto exchanges have been among those seeking to hire the most candidates. The largest of them in the US is Coinbase, which has expanded its headcounts from about 1,200 employees as of December 2020 to the current 2,100+ and is hiring across various positions across the world. The same trend has also been witnessed in other crypto exchanges such as Kraken, billionaire twins Tyler and Cameron Winklevosss crypto exchange Gemini, and other crypto firms. Such trends reflect the hiring surge in the broader economy as employers are increasingly adding jobs.