Paytrix appoints Joe Redmond as CEO of Ireland operation

Rick Steves

“His hire underlines our commitment to achieving a gold standard in licensing and compliance. Paytrix will benefit hugely from Joe’s experience in delivering an innovative, market-leading payment solution, and I cannot wait to get started working with him.”

Paytrix has announced the appointment of renowned Irish financial services entrepreneur, Joe Redmond, as Chief Executive Officer for Paytrix Ireland.

The global payments firm catering to high-growth businesses plans to target the acquisition of further licenses across Europe and to expand globally as it aims to become the de-facto payments curation solution for ambitious online businesses.

Hiring Joe Redmond will serve as a means to achieve those goals towards a gold standard in licensing and compliance.

Joe Redmond to oversee license acquisition and regional expansion

Joe Redmond joins Paytrix after an extensive 30-year career across payments, foreign exchange, governance, risk and compliance, having successfully managed highly profitable businesses’ and market leading positions for two of Ireland’s leading financial services companies, Bank of Ireland Group and FEXCO.

The new Ireland CEO will oversee Paytrix Ireland’s programme of license acquisition and regional expansion as the firm aims to further expand its business, providing a full payments stack — collections, settlement and payouts — through one contract and one API.

Paytrix Ireland has recently completed a Series-A fundraising round in March this year, which secured EUR 16.7m of investment.

“Achieving a gold standard in licensing and compliance”

Aran Brown, CEO & Co-founder of Paytrix said: “That Paytrix can attract someone of Joe’s calibre to the business not only makes me very proud; it also speaks volumes about the credibility of our vision of helping ecommerce businesses to scale globally by solving their payment challenges. His hire underlines our commitment to achieving a gold standard in licensing and compliance. Paytrix will benefit hugely from Joe’s experience in delivering an innovative, market-leading payment solution, and I cannot wait to get started working with him.”

Joe Redmond, incoming CEO of Paytrix Ireland said;” I joined Paytrix because I could see the enormous potential which exists in the company and the ambitious vision that Aran and Eddie have set for it. I am really looking forward to working with the great people I have met so far in delivering a truly innovative payments solution for our customers. We have a very exciting future in front of us as we look to develop the significant growth opportunities that are already emerging for Paytrix.”

Paytrix Ireland also hired Esther Espina and Phillip Halford

Joe Redmond will set Paytrix Ireland’s strategic objectives and own responsibility for the firm’s operations across sales, marketing, commercial relationships, and people.

His work is expected to play a vital role in ensuring Paytrix Ireland sits in the flow of funds. For customers, this will remove complex, costly third parties and give them greater control of the payment process.

Based in Dublin, Ireland, the center of Paytrix’s global operations, the new Ireland chief executive will head up an expanding team in the country with client support and heads of finance, IT, and operations already based there.

Paytrix Ireland has also hired Esther Espina, a highly experienced professional as Chief Risk Officer, and Phillip Halford, with almost 40 years’ experience in banking and finance, as Head of Internal Audit to support Joe Redmond.

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