Crypto payments firm BCB Group has named Tim Renew as its new CEO, naming the former deputy CEO to lead the institutional digital asset provider through its next phase of growth.
Co-founder Oliver Tonkin will move into the role of president, where he will continue to focus on strategy, culture and long-term development, the London-based company said Thursday.
“With the recent award of our Canadian license to add to our multiple licenses in Tier 1 jurisdictions and another major region to follow this year, we are taking a meaningful step toward becoming a truly global platform,” Renew said in emailed comments.
“We enter 2026 with a strong foundation, growing institutional demand and a clear roadmap,” added Renew. “The priority now is disciplined execution – expanding into new markets, strengthening our product set and continuing to build trust with customers, regulators and investors. Scaling globally for us means connecting traditional banking rails with real-time, blockchain-enabled infrastructure in a way institutions can trust.”
Renew joined BCB Group in July 2024 as chief revenue officer and was later promoted to deputy managing director. During his tenure, the company expanded its international footprint and reported growth in transaction volumes and revenue with a growing share of recurring revenue, according to the firm.
The leadership change comes as BCB Group positions itself as a payments and banking infrastructure provider that connects traditional financial institutions with blockchain-based settlement networks. The company has expanded its senior management team, expanded its product offering and prepared to close a Series B funding round.
Tonkin, who co-founded BCB Group, said the transition is intended to support continued scaling while maintaining management continuity. Renew will oversee day-to-day operations and execution as the company looks to grow its customer base and expand geographically.
BCB Group said it will launch in 2026 after strengthening its regulatory footprint and investor relations as institutional interest in digital assets and stablecoin-based payments continues to develop.
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