Former Paxful Top Executive Ray Youssef Joins Rival P2P Platform Noones as CEO

Ray Youssef, the erstwhile CEO and laminitis of the peer-to-peer (P2P) bitcoin trading level Paxful, has been appointed the main enforcement serviceman of the P2P fiscal connection app Noones. Youssef besides reiterated his content that bitcoin volition play a relation successful promoting Africa’s prosperity.

Noones Targeting the Global South

Ray Youssef, 1 of the founders of Paxful, has been appointed arsenic the main enforcement serviceman astatine the peer-to-peer bitcoin marketplace Noones. Youssef, who near Paxful successful April, is expected to spearhead the young firm’s ambitious extremity of garnering a cardinal bitcoin users successful the adjacent 7 years.

Eight years ago, Ray embarked connected a bold mission: to usher successful an epoch of Financial Freedom for the planetary south. Despite facing obstacles on the way, today, helium stands undeterred, acceptable to propel guardant with the ngo helium initiated. No 1 could thwart his determination. It is… pic.twitter.com/1NNAXjJh7I

— Noones App (@noonesapp) December 4, 2023

Youssef’s instrumentality arsenic CEO of a rival P2P level has travel astatine a clip erstwhile helium is inactive locked successful a ineligible quality with his chap laminitis astatine Paxful. Unconfirmed reports suggest that respective erstwhile Paxful employees already enactment astatine Noones.

According to 1 report, Noones presently counts Nigeria, Ghana, Cameroon, India, and the Philippines arsenic its biggest markets. It has besides accrued implicit 400,000 users from 190 countries successful 4 months.

Meanwhile, since leaving Paxful, Youssef has repeatedly touted Noones’ credentials arsenic a amended P2P platform. He has besides championed the origin of the alleged “global south.” Commenting connected his instrumentality arsenic Noones’ CEO, Youssef said this presumption allows him to implicit a extremity helium acceptable astir a decennary ago. He besides reiterated his content that bitcoin volition play a relation successful promoting Africa’s prosperity.

“Our archetypal large extremity volition beryllium to make an interoperable Pan-African clearing furniture taking intra-African commercialized from the azygous digits to levels comparable to intra-European trade. Africa unsocial has the imaginable to marque Noones a trillion-dollar company, but erstwhile you origin successful the remainder of the planetary south, the sky’s the limit,” Youssef said.

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