Midpoint Holdings Limited announced the appointment of Mr. Derek Ivany as CEO. This posting compliments his recent appointment to the Company’s board of directors. In his capacity as President and CEO, Mr. Ivany’s mandate will be to advance Midpoint’s core business in addition to strategically positioning the Company within the rapidly growing fintech and cryptocurrency verticals. As a result, the Company has commenced internal assessment of various potential corporate development initiatives with a view towards unlocking further value from the Midpoint payments platform. Midpoint’s current core business is built upon a robust technological platform that facilitates cross-border payments and foreign exchange transactions. In order to accommodate the managerial transition, Mr. David Wong will be stepping down as President and CEO of the Company but will remain the Chair of the Board of Directors. Mr. Wong will continue in his vital role as the CEO of Midpoint’s subsidiaries and operating companies headquartered in the United Kingdom.