Bitcoin Startup Recruits JPMorgan Veteran as CFO

Paul Camp, a veteran of JPMorgan Chase and Deutsche Bank, has joined the digital-currency consumer finance company Circle Internet Financial as the startup’s new chief financial officer.

Camp, whose titles also include corporate treasurer and executive vice president of financial operations, will oversee the Boston firm’s core financial transaction operations. Circle stores its customers' bitcoin private keys and allows them to purchase the decentralized digital currency for U.S. dollars.

 “Paul’s exceptional global skill set and relationships will also be critical in the company’s continued global expansion,” Circle's founder chief executive officer Jeremy Allaire wrote in a blog post announcing the hire.

Camp previously headed JPMorgan Chase’s global transaction services division until July 2014. He had previously held a similar position with Deutsche Bank, which led European competitors in settlement and payment services during his tenure.

The hire is the latest in a year that has seen the young company more than triple its number of employees, from 14 to 50. Circle's board includes Raj Date, a former top official at the Consumer Financial Projection Bureau.