Basak Toprak

Basak Toprak is responsible for product development, business development and regulatory interaction across the product lines for Kinexys Digital Payments at Kinexys by J.P. Morgan in EMEA. In addition, Basak leads the innovation and incubation efforts for Kinexys Digital Payments globally, which includes the introduction of new blockchain based deposit solutions as well as engagements with the regulators and industry bodies to advance blockchain based financial services.

Prior to this role, Basak was Head of eCommerce Solutions for J.P. Morgan’s Payments business in EMEA, responsible for designing and deploying integrated banking and payments solutions for the leading global fintech and payment platforms.

With over 20 years in banking leadership roles across treasury services and payments, Basak has in depth experience across digital transformation, emerging payment methods and technologies.



She is a frequent contributor to industry working groups representing Kinexys by J.P. Morgan on digital currencies, and DLT based financial services. Basak co-authored a white paper on Deposit Tokens, focusing on their use cases and benefits, and how they are distinguished from stablecoins and CBDCs.

Basak represents J.P. Morgan as part of the ECB Eurosystem New Technologies for Wholesale settlement Contact Group.

She holds an MBA in e-Business from Bayes Business School, London.