Circle’s Head of Financial Institution Partnerships Joins Blockchain Startup Celo

The head of financial institution (FI) partnerships at Circle, Chuck Kimble, has left the company for a similar position at Celo, a blockchain startup.

Kimble is the new head of strategic partnerships of digital payments company Celo. He will be assisting the company to “to bring better financial products to emerging markets and under-served populations around the world,” according to the press release.

“Chuck brings a ton of business development and digital payments experience to Celo and he’ll play an instrumental role in encouraging the development and scaling of products globally,” Rene Reinsberg, the founder of Celo, stated. “Chuck is highly respected in the financial tech industry and he understands how digital payment services can help people and families with no access to financial services.”

Kimble started to work for Circle in June 2018. During his time at the firm, he managed the business development and marketing of the stablecoin USDC.

The Chief Financial Officer of Circle, Naeem Ishaq, expressed his support to Kimble by saying:

“Chuck joined Circle to lead our FI partnerships efforts and participate in a variety of projects, including work on the adoption of USDC. In his short time with the company, he helped to drive USDC adoption across a diverse cross-section of the crypto industry.”

According to CoinMarketCap data, USDC is currently the second-largest stablecoin by market capitalization and holds the 19th place on overall crypto ranking.

Before his short stint at Circle, Kimble worked for three years at Dashlane, the producer of a password manager and digital wallet application.

He also spent three years at Square and supervised partnerships at Visa, overseeing the company’s teams in Miami, New York, London, and Singapore, with responsibility for business planning, account strategy, recruiting, and coaching, according to his LinkedIn account.

“I’ve spent the vast majority of my career advancing digital payments and I see tremendous opportunity for Celo to improve the livelihood of billions of people around the world who today are involuntarily detached from the global financial system,” Kimble stated in Celo’s press release.

Last September, former Ripple general counsel Brynly Llyr joined Celo in the same role.