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BlockFi Hires Former Intermex Exec Tony Lauro as Chief Financial Officer
Published, 1 September, 2020
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We’re proud to announce that we’ve hired Tony Lauro as our new Chief Financial Officer. He will play a critical role in expanding BlockFi’s product and service portfolio, while growing our global presence and standing as an innovative, dynamic financial institution.
Lauro’s hiring is another strong example of how BlockFi has matured and become more sophisticated as a financial institution. Our new CFO will accelerate BlockFi’s momentum in becoming a mainstream financial services provider for anyone looking to grow their wealth.
“BlockFi is doing extraordinary work in bringing crypto to a wider audience of investors. The company is adding greater efficiencies to the flow of capital, and providing critical financial services for the fast-growing crypto market,” said Lauro. “I’m thrilled at the opportunity to work with Zac again, and to help BlockFi realize its tremendous potential while strengthening the company’s standing as a leader in the digital asset space.”
Lauro brings decades of experience to the CFO role. He most recently worked at Intermex as Chief Financial Officer, and helped take IMXI public in 2018. Prior to Intermex, he served as the President and Chief Financial Officer of Cognical, Inc., where he worked alongside BlockFi Founder & CEO Zac Prince.
Lauro also held numerous roles over nine years at Capital One, including CFO of the Prime and Superprime credit card portfolios, which totaled $22B in assets at the time. From 2013 to 2016, he was the CFO of the Merchant Services division of JP Morgan Chase, which was the largest merchant acquirer by volume in the US at the time. While at Chase, Mr. Lauro also served as Chairman of the Board of Directors at Merchant Link, a joint venture of JP Morgan Chase and First Data Corp.
In the past, Lauro held various divisional CFO roles at the Royal Bank of Scotland, Citizens Bank, and Capital One Financial. At the Royal Bank of Scotland he was the interim CFO of the Transaction Banking division, which operated in 54 countries.
“We’re excited to welcome Tony to the BlockFi team,” said Prince. “His wealth of experience across financial services will be a strategic asset for BlockFi as we continue to grow rapidly and expand our product suite.”
Lauro holds a bachelor’s in Finance from James Madison University and an MBA from the College of William and Mary, Mason School of Business. He currently resides in Miami, Florida, with his wife Julie, and enjoys boating, fishing, and cycling.
Last updated on February 3rd, 2021
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As of February 14, 2022, the BlockFi Interest Account (BIA) is no longer available to new clients who are US persons or persons located in the US and existing US clients with BIA accounts are unable to transfer new assets to their BIAs. Learn More.
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Digital currency is not legal tender, is not backed by the government, and crypto accounts held with BlockFi are not subject to FDIC or SIPC protections. Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions. Eligibility for particular products and services is subject to final determination by BlockFi. Rates for BlockFi products are subject to change.
BlockFi Rewards Credit Card: For more information, please see BlockFi’s Terms of Service. BlockFi is not a Bank. Cards are issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa® USA Inc. Rewards are not offered by Evolve Bank & Trust and are instead offered and managed by BlockFi.
BlockFi International Ltd. holds a Class F digital assets business license under the Digital Assets Business Act, 2018 (as amended) and is licensed by the Bermuda Monetary Authority to conduct the following digital assets business activities: (i) issuing, selling or redeeming virtual coins, tokens or any other form of digital assets (ii) operating as a digital asset exchange (iii) providing custodial wallet services (iv) operating as a digital asset derivative exchange provider and (v) operating as a digital assets services vendor.
See blockfi.com/terms for more information.
2022 © All Rights Reserved.
BlockFi Lending LLC NMLS ID#1737520 | NMLS Consumer Access
BlockFi Trading LLC NMLS ID#1873137 | NMLS Consumer Access
Digital currency is not legal tender, is not backed by the government, and crypto accounts held with BlockFi are not subject to FDIC or SIPC protections. Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions. Eligibility for particular products and services is subject to final determination by BlockFi. Rates for BlockFi products are subject to change.
BlockFi Rewards Credit Card: For more information, please see BlockFi’s Terms of Service. BlockFi is not a Bank. Cards are issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa® USA Inc. Rewards are not offered by Evolve Bank & Trust and are instead offered and managed by BlockFi.
BlockFi International Ltd. holds a Class F digital assets business license under the Digital Assets Business Act, 2018 (as amended) and is licensed by the Bermuda Monetary Authority to conduct the following digital assets business activities: (i) issuing, selling or redeeming virtual coins, tokens or any other form of digital assets (ii) operating as a digital asset exchange (iii) providing custodial wallet services (iv) operating as a digital asset derivative exchange provider and (v) operating as a digital assets services vendor.
See blockfi.com/terms for more information.
2022 © All Rights Reserved.