Bloomsbury Money Group has appointed Thomas Holst as its new Chief Technology Officer (CTO). Holst joins the company from SAP’s health technology ecosystem and brings more than 10 years of experience in building data-focused and privacy-sensitive technology platforms.
In his new role, Holst will lead Bloomsbury Money’s technology strategy, engineering and platform architecture. His work will support the company as it expands its banking platform across existing markets and plans to enter new countries.
The appointment comes as Bloomsbury Money moves from a regulated money services and virtual asset business based in Jersey and London toward a wider multi-jurisdiction financial network.
The company currently provides multi-currency accounts, foreign exchange, cross-border payments, Visa debit cards and regulated virtual asset custody and transfer services.
Bloomsbury Money is developing a single platform that brings these services together and is designed to operate across different regulatory environments.
Manu Choudhary, co-founder, Bloomsbury Money Group, said, “Thomas is joining at the right moment. We have a regulated business, live customers and a clear view of where cross-border money movement is heading. What we need now is someone who can turn that view into infrastructure that behaves the same way in every market we enter. Thomas has spent thirteen years building software where getting the data wrong is not an option, and that is the mindset we want at the centre of this platform. Our ambition is a network where a business in one country pays a supplier in another in whatever form of money and over whatever rail makes sense, without ever thinking about the plumbing.”
Chris Park, CEO, Bloomsbury Money Group, said, “I have spent over decades in banking and the pattern never changes: the firms that last are the ones whose technology is boring in the right ways. Resilient, auditable, fast, and built by people who assume a regulator will one day ask to see how every decision was made. Thomas comes from SAP and from healthcare technology, one of the few sectors where the bar on data protection and control is as high as it is in finance. He has shipped enterprise software to hospitals and research institutions and built and run the cloud infrastructure underneath it. Bringing that discipline to a platform spanning fiat, digital assets and local rails across several jurisdictions is exactly the point. This is an infrastructure hire, and infrastructure is what we are building.”
Thomas Holst, Chief Technology Officer, Bloomsbury Money Group, said, “Most fintechs bolt new products onto an old core. Bloomsbury Money is building the core with the network in mind from day one: multiple currencies, multiple asset types, multiple rails and multiple regulators, all held to the same standard of control. That is a rare engineering brief and it is why I said yes. I spent more than a decade in SAP’s health technology ecosystem in Germany, building products for hospitals and researchers and health data applications and the cloud infrastructure they run on. Both taught me that trust is a technical property. It comes from architecture, testing and auditability, not from a marketing deck. I will bring the same standard here.”
Bloomsbury Money aims to build a global network that connects traditional currencies, regulated digital assets and local payment systems.
The company plans to allow customers to hold, convert and transfer money through different payment methods, including bank transfers, card payments, domestic instant payments and digital asset transfers.
The platform is designed to select a compliant payment route based on the type of transaction. Bloomsbury Money plans to expand its regulatory coverage and payment connections market by market, starting with Jersey and the Channel Islands.
Bloomsbury Money Group operates from St Helier, Jersey, and London. Its regulated business, Bloomsbury Money Jersey Limited, is regulated by the Jersey Financial Services Commission as a money services business and virtual asset service provider.
