{"id":"kosta-kantchev","version":1,"language":"en","title":"Kosta Kantchev","hidden":false,"content":"**Kosta Kantchev** is the Co-founder and Executive Chairman of [Nexo](https://iq.wiki/wiki/nexo), a regulated digital assets institution. He is a Bulgarian entrepreneur, early [Bitcoin](https://iq.wiki/wiki/bitcoin) adopter, and [blockchain](https://iq.wiki/wiki/blockchain) advocate. [\\[1\\]](#cite-id-ehhemhwpy25)[\\[2\\]](#cite-id-62fiymyatqn)  \n  \n# Education  \n  \nKosta Kantchev holds a Bachelor’s degree in Business Management and Finance from Richmond, The American International University in London, completed in 2008. He further obtained a Master’s Degree in Finance from Webster University in 2009. Additionally, he attended Lycée Henri IV in Paris for Classe préparatoire (ECE) in 2004-2005. Kosta is also a Certified Anti-Money Laundering Specialist (CAMS), accredited by ACAMS.[\\[1\\]](#cite-id-ehhemhwpy25)[\\[2\\]](#cite-id-62fiymyatqn)  \n  \n# Career  \n  \n## Early Ventures  \n  \nKosta Kantchev began his entrepreneurial journey at the age of 14, founding his first startup. This early experience set the stage for his future ventures in the fintech industry.  \n  \n## Credissimo  \n  \nIn 2007, Kosta co-founded Credissimo, an international FinTech group providing instant online consumer loans, e-commerce financing, and bill payment services. Under his leadership, Credissimo expanded to six countries and became a market leader in two of them. The company went public in 2014 and launched the world’s first loan application chatbot in 2016. Kosta served as a board member until 2021.  \n  \n## Nexo  \n  \nIn 2017, Kosta Kantchev co-founded [Nexo](https://iq.wiki/wiki/nexo), a regulated digital assets institution. Nexo offers products and services such as Instant [Crypto](https://iq.wiki/wiki/cryptocurrency) Credit Lines™, high-yield Earn Interest Products, an instant Exchange service, and advanced trading and OTC capabilities. The company prioritizes custodial insurance and security for the Nexo Wallet. Under Kosta’s leadership, Nexo has processed over $80 billion for more than 4 million users across 200+ jurisdictions.  \n  \n[Nexo](https://iq.wiki/wiki/nexo) introduced crypto-backed credit lines and the first fully automated [crypto](https://iq.wiki/wiki/cryptocurrency) lending platform. The company also launched the first crypto credit card in collaboration with Mastercard and expanded services with Nexo Prime, a prime brokerage service, and Nexo Ventures, its investment division. Nexo maintained stability, security, and transparency during the volatile crypto market of 2022, adhering to strict risk management protocols.[\\[1\\]](#cite-id-ehhemhwpy25)[\\[2\\]](#cite-id-62fiymyatqn)  \n  \n# Philanthropy  \n  \nKosta Kantchev has contributed to [Nexo’s](https://iq.wiki/wiki/nexo) philanthropic initiatives, supporting charitable campaigns worldwide. These include aiding victims of earthquakes in Turkey and Syria, supporting those affected by the war in Ukraine, donating to [Bitcoin](https://iq.wiki/wiki/bitcoin) developers, and partnering with organizations like Save the Children and NEXT for AUTISM to promote children’s nutrition and autism awareness.[\\[1\\]](#cite-id-ehhemhwpy25)[\\[2\\]](#cite-id-62fiymyatqn)","summary":"Kosta Kantchev is a Bulgarian entrepreneur, Co-founder and Executive Chairman of Nexo, early Bitcoin adopter, and blockchain advocate.","categories":[{"id":"people","title":"People in crypto"}],"promoted":0,"tags":[{"id":"Founders"}],"metadata":[{"id":"references","value":"[{\"id\":\"ehhemhwpy25\",\"url\":\"https://kostakantchev.com/\",\"description\":\"Kosta Kantchev official website\",\"timestamp\":1720500708172},{\"id\":\"62fiymyatqn\",\"url\":\"https://www.linkedin.com/in/kostakantchev/\",\"description\":\"Kosta Kantchev's official Linkedin\",\"timestamp\":1720500741443},{\"id\":\"wdaniykt5kq\",\"url\":\"https://www.ledgerinsights.com/crypto-lender-nexo-raided-by-police-terrorist-financing/\",\"description\":\"LedgerInsights: Bulgarian founded crypto lender Nexo raided by police re terrorist financing\",\"timestamp\":1720500814458}]"},{"id":"website","value":"https://kostakantchev.com/"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/kostakantchev/"},{"id":"previous_cid","value":"QmbvNoQJqNu5XekVYqugSEmG4spGZcKmXR5q3FB6FbuAz1"}],"user":{"id":"0x6753061a4cffbc0A617e57E956A298D88702a94B"},"author":{"id":"0xd5893989b9952c6568a99F854795AcC5Ae480D56","profile":{"username":"DevMaxFllip","avatar":"QmWtkHuWXZBjQGzjmGUYtHUJ5zdhSqrnkctgMEe9GStvZB"}},"media":[{"name":"kosta-kantchev-300x300.jpg","id":"QmQyxGjiybgLfW4T7LCJaq7NNAJC4BSn6iAPvneUEAc78U","size":"0.02","type":"GALLERY","source":"IPFS_IMG"},{"name":"659bf61d4adc36bf9c5e2c1d_kosta-kantchev-pt.png","id":"QmQPqBf6kRJkWa8wtdiacpKVpzC1rEGpHpzZUCsjaCb6Pi","size":"1.74","type":"GALLERY","source":"IPFS_IMG"},{"name":"kam6HKgZgtE","id":"https://www.youtube.com/watch?v=kam6HKgZgtE","size":"0","type":null,"source":"YOUTUBE"}],"views":50,"events":[],"linkedWikis":{"founders":[],"blockchains":[]},"founderWikis":[],"blockchainWikis":[],"ipfs":"QmbvNoQJqNu5XekVYqugSEmG4spGZcKmXR5q3FB6FbuAz1","transactionHash":"0x0c6416027264c4cd1b4e1f497187746e5334d3bdb745c620838a5b9b75e03a31","created":"2024-07-09T04:58:30.275Z","updated":"2024-08-01T11:36:20.846Z","images":[{"id":"QmVzSrQFgSipWzk58A5w91mW6aPdQKqWFzgGHpaEv7urrs","type":"image/jpeg, image/png"}]}