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The company is targeting $200mn ARR in the next three years
SINGAPORE, Sept. 24, 2024 /PRNewswire/ -- Netcore Cloud, a global leader in MarTech and customer engagement solutions, has announced the appointment of Siddharth Gopalkrishnan as its Chief Operating Officer (COO). This strategic addition underscores Netcore Cloud's ambition to double its revenue in the next three years and expand its global footprint.
Siddharth brings over 16 years of experience from McKinsey & Co., where he led transformative digital initiatives across multiple sectors including ecommerce, automotive, financial services, healthcare, and consumer goods. His deep understanding of both B2B and B2C business models, combined with his hands-on experience in creating and scaling digital-first businesses, uniquely positions him to lead Netcore Cloud's next phase of innovation toward achieving $200M ARR.
Speaking on the appointment, Rajesh Jain, Founder of Netcore Cloud and a pioneer in Asia's dotcom revolution, said, "With our sights set on scaling to $200M ARR, Siddharth's leadership will be instrumental in refining our global strategy and enhancing our brand's value proposition. His dual expertise in consulting and business building is exactly what we need to navigate the next chapter of growth."
Saket Kumar Jha, CRO - Emerging Markets, Netcore Cloud, "Siddharth's extensive experience in scaling businesses and delivering impact across industries brings tremendous value to Netcore Cloud. His ability to marry strategic insights with operational excellence will be key in unlocking new opportunities, especially in high-growth emerging markets. We look forward to working with Siddharth as we target rapid expansion and enhance our product offerings for clients across these regions."
Speaking on his new role, Siddharth Gopalkrishnan said, "Having seen this space from a user's perspective for many years, I see immense untapped potential for brands to leverage platforms like Netcore Cloud. I look forward to working closely with the very talented leadership team at Netcore, to build on the current platform and push the boundaries of what's possible in the realm of customer experience."
In his new role, Siddharth will focus on building next-generation propositions around customer engagement, retention, and personalization while refining the company's go-to-market strategies. He will also work to enhance operational efficiency and foster strategic partnerships to further expand Netcore Cloud's presence in global markets.
About Netcore Cloud
Netcore Cloud, a global leader in marketing technology, empowers marketers with its comprehensive Customer Engagement and Experience Suite to create personalized, omnichannel experiences. Leveraging AI to integrate customer data, Netcore enables targeted segments and meaningful digital interactions. Trusted by over 6,500 brands across sectors like Ecommerce, Retail, Banking and Financial Services, Media and Entertainment, and Travel, its marquee clients include Walmart, Unilever, Tommy Hilfiger, Domino's, McDonald's, Pizza Hut, and Crocs.
The company is targeting $200mn ARR in the next three years
SINGAPORE, Sept. 24, 2024 /PRNewswire/ -- Netcore Cloud, a global leader in MarTech and customer engagement solutions, has announced the appointment of Siddharth Gopalkrishnan as its Chief Operating Officer (COO). This strategic addition underscores Netcore Cloud's ambition to double its revenue in the next three years and expand its global footprint.
Siddharth brings over 16 years of experience from McKinsey & Co., where he led transformative digital initiatives across multiple sectors including ecommerce, automotive, financial services, healthcare, and consumer goods. His deep understanding of both B2B and B2C business models, combined with his hands-on experience in creating and scaling digital-first businesses, uniquely positions him to lead Netcore Cloud's next phase of innovation toward achieving $200M ARR.
Speaking on the appointment, Rajesh Jain, Founder of Netcore Cloud and a pioneer in Asia's dotcom revolution, said, "With our sights set on scaling to $200M ARR, Siddharth's leadership will be instrumental in refining our global strategy and enhancing our brand's value proposition. His dual expertise in consulting and business building is exactly what we need to navigate the next chapter of growth."
Saket Kumar Jha, CRO - Emerging Markets, Netcore Cloud, "Siddharth's extensive experience in scaling businesses and delivering impact across industries brings tremendous value to Netcore Cloud. His ability to marry strategic insights with operational excellence will be key in unlocking new opportunities, especially in high-growth emerging markets. We look forward to working with Siddharth as we target rapid expansion and enhance our product offerings for clients across these regions."
Speaking on his new role, Siddharth Gopalkrishnan said, "Having seen this space from a user's perspective for many years, I see immense untapped potential for brands to leverage platforms like Netcore Cloud. I look forward to working closely with the very talented leadership team at Netcore, to build on the current platform and push the boundaries of what's possible in the realm of customer experience."
In his new role, Siddharth will focus on building next-generation propositions around customer engagement, retention, and personalization while refining the company's go-to-market strategies. He will also work to enhance operational efficiency and foster strategic partnerships to further expand Netcore Cloud's presence in global markets.
About Netcore Cloud
Netcore Cloud, a global leader in marketing technology, empowers marketers with its comprehensive Customer Engagement and Experience Suite to create personalized, omnichannel experiences. Leveraging AI to integrate customer data, Netcore enables targeted segments and meaningful digital interactions. Trusted by over 6,500 brands across sectors like Ecommerce, Retail, Banking and Financial Services, Media and Entertainment, and Travel, its marquee clients include Walmart, Unilever, Tommy Hilfiger, Domino's, McDonald's, Pizza Hut, and Crocs.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Netcore Cloud appoints former McKinsey Partner, Siddharth Gopalkrishnan as Chief Operating Officer (COO) to fuel global expansion
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DUBAI, UAE, June 4, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today announced that its users can now access USDPT, a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana blockchain, via Bybit's fiat channels. This integration makes Bybit the first major crypto exchange to join Western Union's global USDPT network.
Through this launch, Bybit and Western Union are building the foundations for a deeper, faster, and compliant integration of digital assets into the broader financial system. Starting with the onboarding of USDPT, Bybit and Western Union will expand on digital asset utility and towards a more inclusive vision for the future of finance.
USDPT is issued by Anchorage Digital Bank, N.A., a US national trust bank. USDPT is redeemable 1:1 for US dollars, and is fully backed by reserves. USDPT is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union's global compliance, risk and distribution capabilities.
Bybit brings the exchange platform, fiat liquidity, and access to millions of users. Western Union brings the stablecoin, the institutional backing, and one of the world's most established financial networks. Together, they open up a new way to buy and sell USDPT in local currencies.
Bybit has been building the crypto infrastructure to address real-world financial services gaps since 2018. USDPT, built on Solana and issued by Anchorage Digital Bank, is where those two trajectories meet.
In practice, that means a new on- and off-ramp channel for USDPT in selected markets across Latin America. Users can buy USDPT with supported fiat currencies on Bybit, or convert holdings back to any of those currencies at any time.
"Making USDPT available through a leading global exchange like Bybit is a meaningful step in extending Western Union's network into the digital asset ecosystem," said Malcolm Clarke, Head of Digital Assets at Western Union. "By connecting our global payout infrastructure with a major crypto platform, we're enabling more seamless movement between digital value and real-world money. This is where we see the future of settlement heading: always-on, programmable, and integrated across both traditional and digital financial systems, with USDPT at the center as a trusted, regulated settlement asset."
"This product marks a meaningful step for crypto adoption. When an established financial institution joins forces with a leading crypto exchange in a new stablecoin network, it shows crypto's potential as payment infrastructure. For the millions who depend on remittances, USDPT represents financial innovation that solves real problems for real people," said Victoria Kilikyan, Deputy Head of Fiat at Bybit.
"Bybit and Western Union are setting a new standard for real-world crypto adoption in Latin America. We're building infrastructure for the future of the digital economy by working with an established global network that millions of people already trust," said Patricio Mesri, Country Manager of Spanish-speaking Latin America at Bybit.
USDPT is now available on Bybit. To transact with USDPT, eligible users may simply log into Bybit and select the token, if available to their account, and buy or sell through Bybit One-Click Buy.
The simple flow slashes the time needed from USDPT purchase to fiat off-ramp from days to minutes. Through the new channel, senders benefit from faster delivery of funds and lower overall costs. For Western Union and Bybit, it streamlines operations by removing settlement friction and capital lock-up across multiple layers.
USDPT was launched as part of Western Union's broader digital asset strategy. The innovation creates a new layer parallel to legacy settlement networks that operate only on business days, enabling around-the-clock settlement.
Terms and conditions apply. For details on eligibility and potential restrictions, and to learn more about how to trade USDPT on Bybit, users may visit: Bybit and Western Union bring USDPT to Latin America
Disclaimer: USDPT is a digital asset issued by Anchorage Digital Bank, N.A.. USDPT is not issued, backed, approved, or guaranteed by the US government. Bybit does not issue, back, or guarantee USDPT. Bybit provides only a virtual asset trading platform and does not provide any remittance, foreign-exchange, cash, or money transfer services.
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About Western Union
The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
WU-G
Media Relations:
Amanda Demarest - media@westernunion.com
DUBAI, UAE, June 4, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today announced that its users can now access USDPT, a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana blockchain, via Bybit's fiat channels. This integration makes Bybit the first major crypto exchange to join Western Union's global USDPT network.
Through this launch, Bybit and Western Union are building the foundations for a deeper, faster, and compliant integration of digital assets into the broader financial system. Starting with the onboarding of USDPT, Bybit and Western Union will expand on digital asset utility and towards a more inclusive vision for the future of finance.
USDPT is issued by Anchorage Digital Bank, N.A., a US national trust bank. USDPT is redeemable 1:1 for US dollars, and is fully backed by reserves. USDPT is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union's global compliance, risk and distribution capabilities.
Bybit brings the exchange platform, fiat liquidity, and access to millions of users. Western Union brings the stablecoin, the institutional backing, and one of the world's most established financial networks. Together, they open up a new way to buy and sell USDPT in local currencies.
Bybit has been building the crypto infrastructure to address real-world financial services gaps since 2018. USDPT, built on Solana and issued by Anchorage Digital Bank, is where those two trajectories meet.
In practice, that means a new on- and off-ramp channel for USDPT in selected markets across Latin America. Users can buy USDPT with supported fiat currencies on Bybit, or convert holdings back to any of those currencies at any time.
"Making USDPT available through a leading global exchange like Bybit is a meaningful step in extending Western Union's network into the digital asset ecosystem," said Malcolm Clarke, Head of Digital Assets at Western Union. "By connecting our global payout infrastructure with a major crypto platform, we're enabling more seamless movement between digital value and real-world money. This is where we see the future of settlement heading: always-on, programmable, and integrated across both traditional and digital financial systems, with USDPT at the center as a trusted, regulated settlement asset."
"This product marks a meaningful step for crypto adoption. When an established financial institution joins forces with a leading crypto exchange in a new stablecoin network, it shows crypto's potential as payment infrastructure. For the millions who depend on remittances, USDPT represents financial innovation that solves real problems for real people," said Victoria Kilikyan, Deputy Head of Fiat at Bybit.
"Bybit and Western Union are setting a new standard for real-world crypto adoption in Latin America. We're building infrastructure for the future of the digital economy by working with an established global network that millions of people already trust," said Patricio Mesri, Country Manager of Spanish-speaking Latin America at Bybit.
USDPT is now available on Bybit. To transact with USDPT, eligible users may simply log into Bybit and select the token, if available to their account, and buy or sell through Bybit One-Click Buy.
The simple flow slashes the time needed from USDPT purchase to fiat off-ramp from days to minutes. Through the new channel, senders benefit from faster delivery of funds and lower overall costs. For Western Union and Bybit, it streamlines operations by removing settlement friction and capital lock-up across multiple layers.
USDPT was launched as part of Western Union's broader digital asset strategy. The innovation creates a new layer parallel to legacy settlement networks that operate only on business days, enabling around-the-clock settlement.
Terms and conditions apply. For details on eligibility and potential restrictions, and to learn more about how to trade USDPT on Bybit, users may visit: Bybit and Western Union bring USDPT to Latin America
Disclaimer: USDPT is a digital asset issued by Anchorage Digital Bank, N.A.. USDPT is not issued, backed, approved, or guaranteed by the US government. Bybit does not issue, back, or guarantee USDPT. Bybit provides only a virtual asset trading platform and does not provide any remittance, foreign-exchange, cash, or money transfer services.
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About Western Union
The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
WU-G
Media Relations:
Amanda Demarest - media@westernunion.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Bybit Becomes First Major Crypto Exchange to Integrate Western Union's USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin
