ISX Financial EU Plc announced on March 23 that it has changed its company name to Xryma Plc, effective immediately, after receiving approval from its shareholders.
The company said the new name reflects its broader position as a provider of financial technology and infrastructure across multiple markets and service lines. The change aims to align the corporate identity with the group’s expanded activities beyond a single operational entity.
According to Christakis Taoushanis, non-executive chairman of Xryma Plc, “This change marks a major milestone in the development of the group. Our new name, Xryma, refers both to our origins and to the breadth of our ambition. As our business has grown beyond a single operating entity into a wider ecosystem of regulated services, infrastructure and technologies, it is important that our corporate identity accurately reflects this scope. Xryma represents a foundation aligned with our long-term strategy and commitment: providing secure, reliable and compliant products and services in the payments ecosystem.”
The parent entity ISX Financial EU Plc will now operate under the open company name Xryma Plc. However, its main licensed electronic money institution in the European Economic Area will retain the ISX Financial brand for its customers. Nikogiannis (John) Karantzis, chief executive officer of Xryma Plc Group said: “Our strategic priorities remain consistent. The group continues to focus on disciplined growth and operational resilience in order to create long-term value for shareholders. Adopting the name Xryma complements this direction while maintaining continuity in our financial and regulatory framework. While Xryma refers to our corporate activities, subsidiaries will continue operating under ‘ISX Financial’ for electronic money and payment services.”
The updated branding will appear gradually across communications channels including websites and official documents over coming weeks.
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Looking ahead, Taoushanis said that adopting “Xryma” aligns with their long-term strategy while maintaining their commitment to providing secure financial products within an evolving payments ecosystem.
