Confirmo names leaders as it expands in Europe & US

Confirmo has appointed Derek Corcoran, Brendan Nuessle and Ritesh Patel to senior leadership roles as it expands across Europe and the United States.

Corcoran has been named Chief Executive Officer of Confirmo's Irish entity, Confirmo Limited. Nuessle joins as Vice President of Sales, and Patel becomes Chief Product Officer.

The hires put new executives in charge of the company's European commercial operations, US sales efforts and product strategy as regulation reshapes parts of the stablecoin payments market. In Europe, the end of the transitional period under the EU's Markets in Crypto-Assets framework means crypto payment providers without the required authorisation must stop operating in the region.

Confirmo holds both a MiCA Crypto-Asset Service Provider authorisation and a Payment Institution licence from the Central Bank of Ireland, giving it passporting rights across the European Economic Area. Its partnership with Paxos allows it to offer stablecoin deposits, payouts and custody services across all 50 US states.

European push

Corcoran brings experience across payments and digital assets, having held senior operating roles at OKX and Square and worked at Mastercard Ireland.

He will lead Confirmo Limited in Ireland as the business looks to strengthen its position in Europe under the new regulatory regime. Confirmo is betting that a smaller field of licensed operators will create an opening for providers that already hold the necessary approvals.

"Confirmo is one of a very small number of crypto payment platforms holding both MiCA and PI licences with full EEA passporting rights. My focus is on turning that regulatory advantage into real commercial momentum - giving businesses across Europe the infrastructure to send, receive and settle payments in leading stablecoins, with the speed, transparency and compliance certainty they need to operate with confidence," said Derek Corcoran, Chief Executive Officer of Confirmo Limited in Ireland.

US expansion

Nuessle is the company's first formal leadership hire in the United States. He previously served as Senior Vice President of Sales at PrimePay and Vice President of Sales at Paycom.

His appointment gives Confirmo a senior executive on the ground in a market where interest in stablecoin payments has grown alongside efforts to create a clearer regulatory framework. The company tied its US opportunity to recent momentum around proposed legislation and to its relationship with Paxos.

"The US stablecoin market is at an inflection point. Regulatory momentum, institutional adoption, and the rapid demand for B2B stablecoin payments are converging in a way that didn't exist even twelve months ago - and businesses that move now will have a significant advantage over those that wait. Confirmo has spent over a decade building the infrastructure, compliance discipline, product depth and track record to become the partner of choice for US businesses looking to get ahead of this shift," said Brendan Nuessle, Vice President of Sales at Confirmo.

Product role

Patel takes over product development as Confirmo looks to serve a broader base of business customers across traditional finance and digital asset markets. He previously worked at Circle, Blockchain.com and Tink.

His background spans stablecoins, crypto platforms and payments technology, giving him experience across regulated finance and digital asset services. At Confirmo, his remit includes shaping the platform as customer demand changes, particularly in the US market.

"Confirmo has over 12 years of experience building crypto payment infrastructure, but stablecoin payments are moving fast and the product needs to move with them. My focus will be on making sure our product evolves in lockstep with the market opportunity - building the robust, scalable infrastructure that enterprise clients need, without losing the speed and flexibility that sets us apart," said Ritesh Patel, Chief Product Officer at Confirmo.

The appointments come amid a broader shift in how businesses use stablecoins. Once associated mainly with crypto trading and specialist users, they are increasingly being positioned as tools for settlement, cross-border payments and treasury operations.

Confirmo has spent more than a decade building payment services for businesses in sectors including eCommerce, payroll, foreign exchange and proprietary trading. The platform supports deposits, payments and mass payouts, with optional fiat conversion and reporting tools.

Thousands of businesses use its services worldwide. The latest appointments suggest Confirmo sees regulation, licensing and local leadership as central to competing in a market where compliance has become a key dividing line between operators.

"Stablecoin payments are undergoing a fundamental shift - from a niche tool for crypto-native businesses to infrastructure that global businesses are actively building into their payment strategies. The market has matured, the regulatory frameworks are falling into place, and demand on both sides of the Atlantic is accelerating. These appointments reflect where we are as a business - with the infrastructure, the licences, and now the leadership team to meet that moment," said Anna Štrébl, Group Chief Executive Officer of Confirmo.