Luno Sets up an Early-Stage Investment Arm

Luno has announced that they have set up an early-stage investment arm for investors in crypto and web3 space as they seek support for their start-up. This investment arm is going to be called Luno Expeditions and Jocelyn Cheng is expected to take over as their CEO. 

“I am thrilled to join Luno Expeditions as Chief Executive. These are incredibly exciting times in cryptocurrency and the broader fintech ecosystem. We’ve got ambitious plans to build a leading fund designed around the needs of early-stage founders. It will be a privilege to work with ambitious entrepreneurs from all over the world, all intent on solving problems and building the next generation of financial service companies.” 

Jocelyn Cheng, CEO, Luno Expeditions

“We know how hard it is to build a company, especially in the fintech space, and with our deep experience building, scaling and operating fintech businesses in some of the hardest markets in the world, we’re looking to support a new generation of entrepreneurs from all over the world do the same.”

Marcus Swanepoel, Co-founder and CEO, Luno