Cryptocurrency Payments Platform Monaco Announces Brent Diehl as SVP of International Expansion

HONG KONG, October 10, 2017 /PRNewswire/ --

Fast-growing Company Strengthens Management Team

Monaco, the pioneering payments and cryptocurrency platform, 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.

(Logo: http://mma.prnewswire.com/media/569858/Monaco_Logo.jpg )

(Photo: http://mma.prnewswire.com/media/569856/Brent_Diehl__SVP_of_International_Expansion__Monaco.jpg )

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."

"I am thrilled to be part of the leadership team at Monaco and for the opportunity to apply my expertise to drive our rapid growth across the markets," said Diehl. "Having served on Monaco's advisory board, I'm confident and eager to push forward our mission of delivering innovative financial products that make it easier for consumers to transact using cryptocurrency."

For more information on Monaco, please visit Monaco's website at mona.co. The Monaco app is available for download for iOS and Android users.

About Monaco

Monaco Technology GmbH is the pioneering payments and cryptocurrency platform allowing users to buy, exchange and spend cryptocurrencies such as Bitcoin and Ethereum at perfect interbank exchange rates. 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. For more information, please visit mona.co.