Popular American multinational financial services cooperation, Visa Inc., is reportedly secretly building a new team that will likely be dedicated to the crypto ecosystem. According to the firm’s new hiring announcement for a technical product manager, Visa is building, and strengthening a “Visa crypto team” by bringing in people who are knowledgeable on crypto-currencies.
The job requirement for a technical product manager as posted on ‘smartrecruiters.com’-a job portal-requires the person to have the ability to execute Visa’s crypto strategy. The job also requires for the person to have knowledge of the crypto-currency ecosystem. The statement read;
“As a product manager on the Visa Crypto team, this person will have responsibility for executing Visa’s product strategy within the crypto-currency ecosystem”.
As such the person with the roadmap will work closely with Visa research team to serve and deliver new products to its Fintech space. The job according to a succeeding statement also demands for the person to have vast knowledge on how cryptos could impact payments.
“This person should have great problem-solving skills and creativity to find new opportunities and anticipate how crypto-currencies could impact payments”.
The successful candidate will be stationed at its Palo Alto office and subsequently responsible to report to and update the Head of crypto within Visa’s Fintech Product group. The successful candidate will also assume the responsibility for the management and assessment for crypto related opportunities. Regarding the successful candidate’s qualities and experience the statement read;
“Product manager should possess significant functional knowledge of the crypto-currency ecosystem and players involved, including in-depth knowledge around permission less blockchain technology as well as a deep understanding of existing retail payment solutions.”
The fact that Visa are seeking to recruit crypto experts is not surprising at all, seeing that the firm has been actively involved in crypto and blockchain for a while now. Just a month ago, the firm announced that they would be expanding their Fintech fast-track program to the central and Eastern Europe, Middle East and Africa.
This program will enable Fintech to connect to Visa’s payment network within a short period of time. As such Visa indirectly made its foray into crypto being helping Ripple’s partner InstaRem. InstaRem, a Singapore based Fintech startup has actively joined Visa’s Fintech fast-track program in the Asia Pacific region, which allows for quicker and easier deployment of the company’s commerce solutions on Visa’s payment networks.
Visa’s crypto involvement has not been restricted to dealings with InstaRem only, they also announced the purchase of Earthport Plc., which was a Ripple partnered British Fintech with an acquisition deal of about 198 million pounds.
Visa just like many other major firms is looking into crypto and hiring accordingly. It is quite likely that crypto hires will be on the rise for the next foreseeable future, this just attests to the potential in this space.
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