Setting a course for growth, Joe Redmond takes the helm of our European operations

Working out of our fast-growing Dublin office, Joe will set the strategy for Paytrix across Europe, and will be responsible for our operations across sales, marketing, commercial relationships, and people in the region. Joe's primary mission, however, will be to drive our European business and expansion plans.

A crucial element in Paytrix’ mission to provide a global, seamless, and secure payment experience for businesses trading internationally — Joe's work will be instrumental in ensuring this. For our customers, Joe's leadership will be vital as we look to help companies bypass complex and costly networks on networks and gain greater control over their payment processes.

Given his exceptional track record of leading financial services businesses to success, we pretty much knew from the outset that Joe was our man. Among Joe's many achievements are his stint as a founding member and Managing Director of First Rate Enterprises, Bank of Ireland's most successful startup subsidiary which grew to become a global foreign exchange operation. As Managing Director of FEXCO, Joe's transformational growth strategy led the company to market leading positions in Ireland and the UK. That's exactly the sort of experience we're looking for as we scale up and become a major player in international payments.

Joe's appointment also underlines our commitment to achieving a gold standard in licensing and compliance, something that's absolutely fundamental to our business. We want our stakeholders to know that we are serious about being the best.

Finally, Joe’s appointment demonstrates Paytrix' ability to attract the very best global talent.

In Europe, central banks require that CEOs at Electronic Money Institutions like Paytrix have the necessary qualifications, experience, competence and capacity for the role. In short, that means they must be honest, diligent, independently-minded, and able to act ethically and with integrity. Joe, of course, ticks all these boxes – and then some.

As we welcome Joe to the Paytrix family, we reaffirm our commitment to our employees, clients, and partners. We're strengthening our capabilities, reinforcing our position in the global payments landscape, and keeping our promise to provide a seamless and simple cross-border payment experience. With Joe at the helm of the Irish business, we’re one step closer to becoming the de-facto payments curation solution for international online marketplaces and ecommerce businesses.