News release

Date: 4th July 2018

Ixaris and Entropay announce the promotion of Aran Brown to CEO of the group, following a record start to 2018, further building on the 6 million consumer and business virtual cards issued in 2017

New CEO will oversee aggressive growth plans as group posts record start to 2018 and year-on-year growth of 70% in 2017

London, UK, 4th July 2018. The Ixaris Group, comprising of B2C virtual payments business Entropay and B2B payments platform Ixaris, today announces the appointment of Aran Brown as CEO of the group. Having until recently been CCO Aran brings a wealth of experience in exponentially growing businesses in the fintech and payments sectors.

The group is Chaired by industry veteran and Worldpay founder David Sear, who steered Travelex Business Payments & Skrill to $1bn exits.

He commented: ‘Amongst all the excitement surrounding new fintech start-ups like Revolut, we’re delighted to appoint Aran as CEO of Ixaris, and know he will continue to turbo charge our profitable revenue growth as we further enhance the top and bottom line performance of the group’, said Sear. ‘Aran has an amazing track record of delivering highly profitable growth in payments businesses following successful roles at Skrill (sold to Optimal Payments for €1.2bn) and Hyperwallet (sold to PayPal for $400m in June 2018).’

Also commenting, Ixaris Group’s new CEO Aran Brown stated: “The Ixaris Group has the foundations to revolutionise payments within the travel industry and beyond. The group is already serving flagship clients and experienced year-on-year growth of 70% in 2017. Having both a B2B and consumer business provides a huge opportunity to become serious challengers in the payments sector, and to be the world’s foremost issuer of virtual pre-paid cards’. 

Former Group CEO Alex Mifsud, founder of Ixaris, continues to support the business as Chief Strategy Officer and remains on the board of directors.

For further information please contact:
Denise Gee Magna Carta Communications +44 7793 768 109 Mark Larwood Ixaris +44 7443 544 348

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