Aussie cryptocurrency investment platform recruits CMO

Marketing leader one of three executive team recuits to help the Bamboo business scale locally and internationally

Australian cryptocurrency micro-investment platform, Bamboo, has brought on its first chief marketing officer as it looks to capitalise on growing interest in the next-generation digital currency.  

Former Xero head of digital marketing and sales, Josh Thillagaratnam, has joined Bamboo as chief marketing officer, tasked with leading growth efforts. Thillagaratnam boasts of 15 years’ experience in marketing and communications, largely in tech and fintech companies. His most recent role was as with Zero Latency VR as brand director.  

The CMO appointment is one of three made this past month. Former chief marketing officer and global director for Acorns US, Colton Dillion, has also joined Bamboo as a director. His resume includes designing the strategy that helped Acorns, a micro-investing app, grow from scratch to 2 million users.  

The third executive appointment is Anna Cheng, former Asia-Pacific growth leader at Spaceship, who will support Bamboo in an advisory capacity. Cheng reportedly played a pivotal role in user acquisition at Spaceship, helping the platform build up over $100 million in assets under management within four months of launch. Today, Spaceship is used by 200,000 Australian investors and has grown to over $1 billion in assets under management.  

Cheng also advises another startup, Frendo, and worked as a growth marketing manager at Brighte.  

In a statement, Bamboo said it had strategically recruited three team members to bolster its growth efforts and push its exponential user growth rate of 20 per cent month-on-month beyond a six-figure user base. According to the cryptocurrency management company, average user returns have been sitting at 118 per cent since the start of 2021.  

“Bamboo has grown its active investors over 11 times in the past nine months. We’ve helped those users save and invest over $9 million in digital currencies like Bitcoin and Ethereum,” said Bamboo CEO, Blake Cassidy. “As we expand, we’re taking our rate of growth up a notch and we see Josh, Colton and Anna to be pivotal in us shifting gears.  

“What these three have in common is a track record of growing consumer fintech brands into household names through clever and extremely effective marketing efforts.”  

Thillagaratnam said he was looking forward to applying his skill within the digital currency sector.  

“I’ve been a big proponent of the role cryptocurrencies will and already are playing in today’s society, so to join the team at Bamboo and lead growth of the brand is the perfect fit,” he said. “It’s always special to be able to work with a company that aligns so closely with your own personal ethos. And when I think about what Bamboo is offering everyday Australians and their long-term investment philosophy, it makes it that much easier to get behind the cause.”  

With its platform now firmly embedded, Blake said the next step was achieving scale. Bamboo is in the final stages of a Series A and plans to use the funding to further build local capacity, a self-managed superfund product and to launch into international markets.  

“Bamboo has taken years to develop an excellent product, and we’ve seen it deliver incredible results for our users with Now we need to make sure every single Australian hears about what Bamboo is bringing to the table and how we can play a part in their personal finance journey,” Blake added. “I believe wholeheartedly we now have the team to do that.”  

Don’t miss out on the wealth of insight and content provided by CMO A/NZ and sign up to our weekly CMO Digest newsletters and information services here.  

You can also follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, follow our regular updates via CMO Australia's Linkedin company page

 

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments
cmo-xs-promo

Latest Videos

More Videos

Thanks for your feedback, Rabi. While we introduced the ROO concept using a marketing example, I also believe that it is pertinent to man...

Iggy Pintado

Introducing Return on Outcome (ROO) - Brand science - CMO Australia

Read more

Thanks for your insight, Philip. Return On Outcome (ROO) requires balanced thinking with the focus on outcomes as opposed to returns.

Iggy Pintado

Introducing Return on Outcome (ROO) - Brand science - CMO Australia

Read more

Beautiful article.

Hodlbaba

15 brands jumping into NFTs

Read more

"Blue" is really gorgeous and perfectly imitates a human customer support operator. Personally, I won't order a chatbot development for m...

Nate Ginsburg

Why the newest member of BT’s contact centre is a chatbot

Read more

As today’s market changes rapidly, the tools we use change, and it is important to adapt to those changes to continue to succeed in busin...

Anna Duda

Report: 10 digital commerce trends here to stay

Read more

Blog Posts

How the pandemic revealed the antidote to marketing’s image problem

What does marketing truly ‘own’ in most organisations? Brand and campaigns, definitely. Customer experience? That remains contested ground.

Murray Howe

Founder, The Markitects

Still pursuing a 360-degree view of the customer?

On the Internet, nobody knows you’re a dog.” It may have been true in 1993 when this caption to a Peter Steiner cartoon appeared in the New Yorker. But after 30 years online, it’s no longer the case.

Agility in 2022

Only the agile will survive and thrive in this environment and that’s why in 2022, agility will need to be a whole-business priority.

Sam McConnell

Melbourne bureau chief, Alpha Digital

Sign in