New CTO for Luno as Co-Founder Departs to Pursue Personal Projects

• Timothy Stranex, co-founder and CTO of cryptocurrency exchange Luno, departed from the company in December to pursue personal projects.
• He was replaced as CTO by Simon Ince, who joined Luno just under two years ago as its vice president of engineering.
• Luno has over 10 million customers worldwide, with offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney.

Cryptocurrency exchange Luno, who’s parent company is Digital Currency Group, announced that Timothy Stranex, their co-founder and chief technology officer (CTO), had departed from the company in December. Stranex, who had founded the company nearly 10 years prior with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel, left to pursue personal projects.

The company announced that his replacement as CTO was Simon Ince, who had joined Luno just under two years ago as its vice president of engineering. Ince brings with him a great amount of experience in the technology and engineering sector, having previously worked as a software engineer at Microsoft and later as the CTO of a travel meta-search engine.

Luno, which currently has over 10 million customers worldwide, has offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney. It is the parent company of CoinDesk and provides services such as buying, selling, and storing cryptocurrency securely.

The company hopes that with Ince’s experience and expertise, their technology will be further advanced and their customers will continue to receive the best service possible. With the ever-evolving cryptocurrency industry, Luno is confident that they are in good hands and will be able to continue to provide their customers with the best experience.

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