
About ISX
ISX Financial, is an EU & UK regulated eMoney institution that provides banktech solutions and also provides regulated multi-currency corporate accounts and online payment solutions to businesses around the world.
ISX Financial
ISX Financial is licensed & regulated in the EU by the Central Bank of Cyprus & in the UK by the Financial Conduct Authority with direct connection to the Central Bank of Lithuania.
All short term liquidity pools are stored directly with Central Banks & long term held funds are safeguarded with leading credit institutions.
ISX Financial UK Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 901034, for the issuing of electronic money.
As an EEA-authorised EMI, we ensure secure and compliant electronic money services across the European Economic Area.
Our Banktech Stack

Your Banktech partner in
digital banking.
Supercharge your business with our instant pay by bank solution. Seamlessly link to the UK and EU’s open banking networks, empowering customers with instant, secure and direct bank payments.

The fastest way to
receive payments.
With ISXPay® we enable businesses to accept online payments from customers all over the world. With a single integration, you can accept all major credit and debit cards, as well as a variety of alternative and local payment methods.

Accept and process payments
intelligently with ISXPay®
Verification
Paydentity™ is an automated real-time electronic verification system. Using our patented PIV process, identity verification is fast, secure, and hassle-free - just results in minutes.

The fastest way to digitally
verify your identity.

Your Trusted Partner
By enforcing stringent regulatory checks, maintaining its proprietary tech stack, and safeguarding customer funds, ISX has provided secure and reliable services to its customers for nearly a decade.
We build and maintain our technology in-house, ensuring complete control over our systems without the need for third-party providers.
All short term liquidity pools are stored directly with Central Banks & long term held funds are safeguarded with leading credit institutions.
We offer a full stack of banktech services ranging from payments, KYC services, corporate accounts and instant mass transfers, all within a single solution.
5 Years In Numbers
Meet Our Team
Our team is a diverse group of industry experts, united by a shared passion for innovation and excellence, driving our global success.- Directors
- Executives
- Operations
- Sales

Mr. Taoushanis brings extensive banking and finance knowledge and experience to our organisation having spent over 40 years in the industry in various senior roles. He has worked for some of the world's largest banks in a number of different locations including Chicago, Greece, Hong Kong and Cyprus, including the Continental Illinois National Bank of Chicago, the HSBC Group with 12 years as the Managing Director of the Cyprus subsidiary, and 8 years as the CEO of the Cyprus Development Bank. Since 2011, Mr. Taoushanis has been working with the private firm TTEG & Associates.

Mr. Karantzis is the founder and Managing Director/CEO of ISX. He has over 20 years of experience across a number of sectors including eCommerce, payments, online media, AML, defence and secure communications. His previous public company experience includes directorships with Southern Cross Payments Ltd (formerly iSignthis Ltd) (ASX: ISX) (2015 to 2021), NSX (ASX: NSX) (2020 to 2022), Sports Entertainment Group (ASX: SEG) (formerly known as Pacific Star Network Limited (ASX: PNW), Data and Commerce Ltd. (ASX: DCL) and Reeltime Media Limited (ASX: RMA).

Mr. Barnes has international business experience in venture development in both the financial and technology sectors and has been involved in M&A activities for over 30 years. An experienced executive and latterly non-executive director with Tristel PLC (TSTL.L) an LSE AIM market Listed healthcare company where he has served as Chairman of the Company and as Chairman of the and Audit and Risk Committee. In addition to his role at ISX Financial, Paul Barnes serves as an independent director with an ASX listed company specialising in cutting-edge wireless technology, including waveforms and public mobile radio solutions.

Mr. Melo has over two decades experience in the payments and information technology (“I.T.”) field. He worked for organisations in Hong Kong, London, Malta, Cyprus, and the United States of America. Mr. Melo has served as director of Paymundo Systems for 6+ years, as Senior Consultant for Go-Secure for 11+ years and as Information Technology Director at Alliance Asset Management for over two years. Since 2018 Mr. Melo has held the position of Chief Product Officer where he coordinates the ISX Financial product suite.

Mr. Pouros has over 46 years of extensive experience including roles in senior levels of the civil service of the Republic of Cyprus, insurance and the banking industry. His key roles in the banking industry include being an independent non-executive director of Cyprus Development Bank 1997-2004, National Bank of Greece (Cyprus) 2010-2012, Bank of Cyprus 2013, Central Co-op Bank 2013-2018, Cyprus Airways (Public) Ltd 2012-2013, Aretaieion Hospital 2012-2022 and Cooperative Asset Management Company Ltd (SEDIPES) 2018-2023.

Mr. Pegasiou holds a BSc degree in Economics from the London School of Economics (LSE), a Masters from the University of Bristol in European Policy Studies and a Ph.D. from the University of Manchester in Politics. Mr. Pegasiou has over 10 years’ experience in academia and is currently the Academic director at the ‘European Institute of Management and Finance’. Additionally, Mr. Pegasiou has over a decade experience as a consultant for the public and the private sector.

Mr.Karantzis is the founder and Managing Director/CEO of ISX. He holds qualifications in engineering (University of Western Australia), law, and business (University of Melbourne), with a broad understanding of international regulatory regimes as they relate to payments, money laundering and identity. Mr. Katantzis has over 20 years’ experience across a number of sectors including payments, online media, AML, defence and secure communications.

Mr. Treon's experience spans a 25-year career in the banking industry, including extensive experience in renowned institutions such as Lloyds Banking Group, Lehman Brothers, Dresdner Kleinwort Investment Bank, and Credit Suisse, Ajay brings a wealth of expertise in financial management, strategic planning, and risk mitigation. He also brings valuable recent experience in the fintech sector, further enhancing his understanding of the evolving financial landscape.Ajay is also a qualified accountant, holds an Executive MBA, and possesses the esteemed Certificate in Quantitative Finance.

Mr. Cameron, our Chief Risk Officer, brings a wealth of experience to the role. With a successful track record in managing distressed debt portfolios and growing new business verticals within the payments and card acquiring industry, he is a valuable asset as the company continues to invest in its risk management expertise and systems. A banking professional with over 16 years of experience, Mr. Cameron has worked for prominent financial institutions such as the Bank of New Zealand, Bank of Scotland International, Lloyds Banking Group, and most recently, the National Australia Bank.

Serge has been with ISX Financial since January 2024 and brings with him over 10 years of experience in financial services and fintech companies. With extensive experience in all the various areas of compliance, his skillset is supplemented by the work he has done in various jurisdictions, spanning North America, the Channel Islands, and mainland Europe.
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Ms. Schekermans's experience spans a 35+ career in the financial services including extensive experience at banks, Swift and Form3. Jolanda brings a wealth of expertise on the payments industry, payments processing and strategic scaling.

Mr. Karantzis is our organisation's Chief Sales Officer and has helped the company create a Global Sales and Marketing team. Most recently, he served as Founder, CEO and Director at DiverseIT, an Australian Technology provider to mining and enterprise customers.

Mrs. Yianni has a proven track record in talent management, employee engagement, organisational development, and strategic workforce planning, all of which are approached with a forward-thinking mindset and a genuine passion for people. She has been a member of iSX Financial since June 2023, serving as the Human Resources EU Director, bringing with her over 12 years of extensive experience in the fast-paced and ever-evolving fintech industry.

Mr. Musgrave holds qualifications in engineering (University of Cape Town), and executive leadership (Management School St Gallen). He has over 20 years’ experience in various sectors, including payments, acquiring, SAAS, and telecoms. His previous public company experience includes senior management roles with Worldline (previously SIX) (EPA:WLN) (2011 to 2016).

Mrs. Mylonas has over 17 years of experience in the financial services and currently serves as Product Operations Manager in our organisation. Her experience and customer orientated approach were essential when creating our customer facing teams, which were carefully selected offering seamless assistance and offer a high level of service. Her professional experience was gained in the banking sector, which allows her to retain a strong sense of urgency with regards to client satisfaction.

Mrs. Paphiti holds a Bachelor of Laws from the University of Leeds as well as a Master of Laws from the University of Manchester. With over a decade experience in the legal space, Elena is also a member of the Cyprus Bar Association since 2011. Mrs. Paphiti joined our company in June 2017, having previously worked for many years in a law firm in Nicosia.

Andreas Sophroniou joined ISX Financial EU Plc in August 2023, equipped with nearly a decade of extensive experience in compliance, AML/CFT, and regulatory roles within the financial services and banking sectors. He has a strong track record of managing compliance teams, developing AML policies, and ensuring adherence to regulatory frameworks in Cyprus and internationally. He holds an MSc in International Business Management and a BSc in Economics from the University of Surrey. Andreas is also a Certified Anti-Money Laundering Specialist (CAMS) and holds CySEC Advanced and AML Certifications.

Mr. Karantzis is our organisation's Chief Sales Officer and has helped the company create a Global Sales and Marketing team. Most recently, he served as Founder, CEO and Director at DiverseIT, an Australian Technology provider to mining and enterprise customers.
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Mrs. Frangou is an accomplished professional with over 15 years of experience in online payments, fintech and finance and worked closely with clients across multiple industries, to help them optimise their payments functionality. Her broad understanding and deep knowledge of the e-money industry, makes her a valuable member of our team. Mrs. Frangou has previously held important roles, including commercial, in key financial services industry companies, such as American Express.

Mr. Fisscher holds a Master's Degree in Business Administration (University of Amsterdam) and has been working in the Payments and Fraud sector for the last 10 years. Mr. Fisscher has lived in a number of different cities including Melbourne, Lisbon, Prague and is now fully operational from the Amsterdam office, being responsible for selling the ISX Financial payments, identity and banking products.

Mr. Henry, SVP UK&I, brings 15 years of experience in the regulated financial and gaming sector. Mr. Henry, has played a key role in start-up Fintech’s and their go-to-market execution, he worked for 192.Com, GBG Group PLC (GBG.L), Onfido Ltd and Experian (EXPN.L). From managing global payments, banking, KYC/AML/Risk and latterly leading Open Banking in the UK, Mr. Henry's expertise spans global payments, banking, risk management, and Open Banking (leading the UK initiative).
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Milestones
Follow our journey.

Company announced the launch of its new flykk® Diners Club International® debit card in several priority markets.
Company plans listing on Top UK or EU Tier 1 market.

Company launched open banking solution, PaidBy® to wix.com.
Company owned Probanx Solutions Ltd, announced direct connection with the company and UK’s Faster Payments Central Infrastructure via the CoreCorrect gateway.

Introduced Open Banking Orchestration. Launched UK services, through a new solution called PaidBy®.
SWIFT connected as a correspondent to 2 banks supporting 23 currencies.

flykk® launched and work commenced to build UK operations.
ISX Financial announced successful demerger from Australian Parent Company.

Company invested in NSX Ltd and the development of the DvP platform through the ClearPay JV and granted UK eMoney license.
The development of the retail app flykk® began.

Commenced independent EU operations late February, achieved positive cash flow in May and produced ISX Group’s maiden profit.

ISX Financial partnered with Worldline for EU whilst network build continued directly into major card schemes.
Executed agreement to access SEPA network via the Lithuanian Central Bank. Principal licence granted for Mastercard (AU), UnionPay and AMEX.

Granted EEA eMoney license alongside Mastercard, JCB and Visa Principal licensing for EU.

Commenced application for EU/EEA eMoney license and provided KYC services on patent.
Acted as payment facilitator for VISA & Mastercard in Australia/New Zealand in partnership with UAB.

ISXEU incorporated in the EU.

Commenced development on software using funds from ‘early stage investors’.
US patent granted in December 2013 and further patents granted in 2014-2019 across the world.

Nikogiannis Karantzis invented the payments instrument verification method to solve an online fraud problem. Patents lodged in key global financial centers.
Redefining Excellence In
A Global Landscape
We empower you to focus on your core business, not regulatory hurdles.The company first developed an identity verification product that aimed to prevent Card Not Present (CNP) fraud in order to safeguard consumers and merchants from the growing threat of online fraud.
ISX Financial was granted patents in a number of jurisdictions and used those patents to form the basis of enhanced due diligence for the purposes of on-boarding, becoming Australia’s first listed RegTech (Regulatory Technology) company.
The company will consistently add new value products to regulated, online businesses, bringing unique innovation in the ecosystem of online payments and neobanking. Our people and culture are the secret behind our technology and product success. We are equipped with specialised legal and technical know-how, but most importantly we have a shared vision of offering innovative, bespoke services, tailored to meet the diverse financial needs of today's businesses.

At ISX Financial we prioritise long-term customer success through transparency and continuous innovation. Our in-house, patented platforms - Paydentity™, Probanx® and ISXPay® - exemplify our commitment to redefine the boundaries of financial technology.
We simplify the complexity of online financial services, especially for businesses navigating the demanding world of AML/CFT compliance. With ever-increasing consumer data collection burdens, we streamline the process, ensuring seamless and secure global payments while mitigating fraud risks.