Nexo Appoints Lorenzo Pellegrino as Chief Banking Officer to Drive Global Expansion

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Thursday, Jul 31, 2025 11:06 am ET1min read
Aime RobotAime Summary

- Nexo appoints Lorenzo Pellegrino as CBO to integrate digital assets with traditional finance.

- Pellegrino brings 20+ years of fintech experience, including roles at Skrill, NETELLER, and Paysafe.

- He will expand Nexo’s infrastructure and global partnerships, accelerating the Nexo Card’s rollout.

- The move aims to bridge digital assets and mainstream finance, aligning with industry trends.

Nexo, a digital assets platform, has announced the appointment of Lorenzo Pellegrino as Chief Banking Officer (CBO), a role that marks a key step in the company’s strategy to integrate digital assets with real-world financial utility [1]. With over two decades of experience in fintech, Pellegrino brings a strong track record of leading high-growth digital payment services and global compliance initiatives to the position. He previously served as CEO of Skrill and NETELLER, where he oversaw the development of digital wallet solutions used by millions of users. Additionally, he held leadership roles at

Group, a New York Stock Exchange-listed company [1].

In his new role, Pellegrino will be responsible for the expansion of Nexo’s infrastructure, including

accounts, global payment systems, cross-border settlements, and the dual-mode Nexo Card. A central focus of his mandate will be the development of strategic partnerships to scale the platform’s services within the digital asset ecosystem [1]. Pellegrino emphasized the challenge of aligning convenience with compliance in the fintech space, noting that Nexo’s approach to unifying digital assets with traditional financial utility aligns with his professional experience and vision [1].

The appointment of Pellegrino is also expected to accelerate the global rollout of the Nexo Card, a product designed to enable users to access everyday financial utility from their digital assets. His background in managing large-scale cross-border platforms is seen as a strategic advantage for Nexo as it aims to expand its footprint in international markets [1]. Kosta Kantchev, co-founder of Nexo, praised Pellegrino for his experience in building scalable and sustainable financial products, highlighting his alignment with Nexo’s mission to deliver long-term value to clients across all markets [1].

Beyond operational responsibilities, Pellegrino will also represent Nexo in broader industry discussions on the convergence of traditional finance and crypto, cross-border finance, and infrastructure development for next-generation wealth solutions [1]. The appointment underscores Nexo’s continued focus on bridging the gap between digital assets and mainstream financial systems, a goal that aligns with broader industry trends toward institutional adoption and regulatory clarity [1].

Source: [1] Nexo names Lorenzo Pellegrino as Chief Banking Officer

(https://finbold.com/nexo-names-lorenzo-pellegrino-as-chief-banking-officer/)

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