Binance.US hires ex-PayPal exec Jasmine Lee as CFO as firm eyes IPO

Crypto platform Binance.US has appointed former PayPal exec Jasmine Lee as chief financial officer (CFO).

Jasmine Lee joins Binance.US as CFO

In her new role, Lee will be responsible for all financial operations at Binance.US including accounting, investor relations, treasury and tax.

Speaking on her appointment, Lee says she will work towards building out the firm’s finance department to lay “a strong foundation for continued growth and our path to a future IPO”.

Lee, who will report to Binance.US president and CEO Brian Shroder, joins from micro-investing app Acorns, where she served as CFO and chief operating officer (COO), leading the firm’s finance, corporate and operational functions.

Prior to Acorns, Lee served as CFO and COO at PayPal’s consumer product group. She held various leadership roles at the paytech across her eight-year stint, supporting PayPal’s growth through strategic partnerships, pricing initiatives and acquiring new businesses.

Shroder says Lee has “deep knowledge” across both fintech and start-up environments and will play a “key part” as the company executes its growth strategy.