AQRU plc - Directorate Change

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Press Release

10 August 2022

AQRU PLC

("AQRU" or "the Company")

Directorate change

AQRU plc (AQSE: AQRU), a company specialising in decentralised finance ("DeFi"), announces today that Digby Try, Executive Director and Co-founder of AQRU, has been appointed Chief Commercial Officer of the Company.

Mr Try has over 20 years' experience in senior management roles in the currency, payments and fintech sectors in both the UK and US. Prior to founding AQRU, Mr Try was Head of Global Sales at banking and payments platform OpenPayd, where he worked alongside many of the world's leading crypto exchanges to deliver fiat banking rails to the crypto industry. His other previous roles include Vice President of Sales for EMEA at international payments platform Currencycloud, which was acquired by Visa for £700m in 2021, Business Development Manager at foreign exchange specialist Moneycorp, and Head of Dealing in the US for international transfer service provider HiFX.

Mr Try's appointment as Chief Commercial Officer comes shortly after Kamelia Gankova was appointed Chief Operating Officer and Managing Director of AQRU's wholly owned subsidiary Accru Finance Ltd. ("Accru Finance"). In this role, Ms Gankova will help Accru Finance grow its service offering by launching products that enable customers to take advantage of the increasing number of investment opportunities available in the decentralised market.

Ms Gankova has more than 15 years' experience streamlining operations and delivering market expansion initiatives for companies in the cryptocurrency, fintech and gaming sectors. Before joining Accru Finance, Ms Gankova was Managing Director at cryptocurrency exchange Crypto.com, where she established and grew the company's operations in Bulgaria. She was also Director of Customer Service at multinational online payments company Paysafe, where she managed the merger of the company's different multinational customer service teams, and Head of Servicing for online wallet and international payments platform Skrill, with responsibility for the overseeing the Customer Service, Merchant Service, VIP service and Payments departments.

Philip Blows, Chief Executive of AQRU, commented:

"We are delighted to welcome Digby and Kamelia to their new roles. With more than 35 years' combined experience helping companies in the fintech and crypto sectors navigate periods of change and grow their operations, Digby and Kamelia will continue bringing valuable insights and expertise to ensure we keep delivering services that enable both retail and institutional investors to take advantage of all the opportunities available in DeFi." 

The Directors of AQRU plc take responsibility for this announcement.

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About AQRU PLC:

AQRU is a company specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.aqruplc.com.