July 21, 2024Blockchain

Boom Appoints Sylvia Pariente and Sebastiano Moschini to Executive Roles and Sepideh Widmer to lead Boom Foundation

Boom is pleased to announce the appointment of Sylvia Pariente as its new Global Head of Public Affairs, Sebastiano Moschini as its new Global Head of Partnerships and Sepideh Widmer as the new President of Boom Foundation, the non-profit arm of the Boom DeFi Ecosystem. Prior to Boom, Sylvia was the former CEO of Africa Blue Carbon, while Sebastiano was a senior vice-president at Loro Piana, an LVMH company, in New York and more recently CEO at Goodwool, and Sepideh was most recently the President of East Switzerland at Schweizer Tafel, a Swiss non-profit with a mission to “distribute food, alleviate poverty”.

Sylvia Pariente: “Boom's integration of unbanked individuals into the global financial network is enhancing the economic and social conditions for billions of adults globally, particularly in Africa, a continent I deeply cherish.”

Sebastiano Moschini: “I’m thrilled to join Boom Technologies, a groundbreaking and revolutionary company, dedicated to empowering 1.7 billion unbanked individuals by providing market access and enabling full sovereignty over their financial assets. This inclusive mission aligns perfectly with my passion for innovative and impactful business solutions.”

Sepideh Widmer: “As Albert Einstein said, only a life lived in the service to others is worth living. I’m honored and thrilled to join Boom Foundation on its mission of maximising the economic potential of all humans.”

These appointments signify a milestone in the evolution and growth of the Boom DeFi Ecosystem and a major boost for Boom's operational capabilities going forward.

The Boom team would like to take a moment to welcome these highly talented executives into the team.

About Boom

Boom has ushered in a new era of financial freedom by enabling the billions of unbanked adults and businesses worldwide to transact online without banking, and to do so across borders in their local currencies.

As an equitable, inclusive, and currency-agnostic global commerce ecosystem, Boom connects the cash-based economies of Africa and other emerging markets to the global digital economy, as a partner for their GDP growth, while securing the socio-economic well-being of their citizens, especially the youth, for generations to come.

Download the app at; https://boom.market/dl

Add Boom Pay to your e-store to collect online payments from unbanked customers at checkout; https://boom.market/solutions/boom-pay

Become a liquidity provider for your currency at : https://boomswap.org 

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Legal

Whether it’s ordering a pizza or booking your next holiday, all online payments require a bank account—yet over 2 billion adults worldwide remain unbanked, limiting their participation in the digital economy. They rely solely on cash, which cannot be spent online.

Boom Technologies Ltd (“Boom”) bridges this gap by digitising cash and connecting it to the global digital economy, empowering everyone to securely spend, accept, and save cash online—without ever needing a bank, while maintaining robust compliance with AML/KYC regulations. Each transaction is traceable, verified, and compliant with local and international financial regulations.

Digital assets are generally subject to high volatility, regulatory uncertainty, and operational risk. Users should conduct their own due diligence and may wish to seek independent financial advice before engaging in any digital asset activity.

Tokenised Cash on Boom — including the tokenised GBP (bGBP) — should not experience volatility because they are backed 1:1 by GBP-denominated reserves held in-country for the benefit of bGBP holders. These reserves are managed in a Boom Reserve Fund, custodied by regulated financial institutions, and may consist of short-term Government bonds, gold, Bitcoin, and cash.

Boom Technologies Ltd, registered in England & Wales (Company No. 15034868), is not a bank, does not operate as one, and does not intend to become one. Boom is not authorised or regulated by the UK Financial Conduct Authority (FCA).

Over 2 billion adults worldwide remain unbanked, limiting access to the digital economy. Most online payments require a bank account, but many still rely on cash, which can’t be used online.

Boom Technologies Ltd (“Boom”) digitises cash, enabling anyone to securely spend, accept, and save it online—without needing a bank account. Transactions are verified, traceable, and compliant with AML/KYC standards.

While digital assets involve volatility and regulatory risk, Boom’s tokenised GBP (bGBP) is backed 1:1 by GBP reserves held by regulated custodians. These may include government bonds, gold, Bitcoin, and cash.

Boom is not a bank and is not authorised or regulated by the UK Financial Conduct Authority (FCA).

BOOM Technologies (UK) Ltd © 2025 All Rights Reserved