ISX Financial

ISX Financial EU PLC is a 'banktech' company that leverages its own technology to provide financial services to businesses and legal payment services users across the EEA and the UK. The company's combined payments stack and infrastructure provide a complete end-to-end transactional banking, FX, remittance, account issuing, card issuing, and payment processing capability.

Website

www.isx.financial

Head office

Nicosia, Cyprus

Core solution

Integrated A2A payments, complete with an account servicing ecosystem for transactional UK and EU bank accounts, API-based notifications, refund management, card processing, and card issuing.

Target markets

Merchants (iGaming, high-risk, Forex, ecommerce, retail)

Contact details

sales@isxfinancial.com

Geographical presence

Europe and the UK

Year founded

2015 – the year of incorporation in the EU

Funding rounds and investors

Public non-listed company (10,467 shareholders)

Licence type

ISX Financial EU PLC is authorised by the Central Bank of Cyprus #115.1.3.17 as an EEA AEMI (Authorised Electronic Money Institution) and the UK's FCA FRN 900871. ISX Financial UK Ltd, trading as Flykk, ISX Money and ISXPay, is a FCA UK AEMI (Authorised Electronic Money Institution) FRN 901034.

Standards and certifications

PCI DSS certified; ISO 27001 certified

Member of industry associations and/or initiatives

EPSM, ECSG board member

Service provider type

Payment gateway

Yes

Payment service provider – acquirer

Yes

How do you define your company's primary category or technology market?

Banktech, payments, and corporate accounts

Channels

Online

Yes

POS/in-store

No

Payment capabilities

Hosted pages

Yes

White-label solution

Yes

Recurring payments

Yes

Payment methods supported

Yes, 13 payment methods

Settlement currencies

Yes, 24 supported by IBAN-based accounts

Instant settlement

Yes - variable pricing

Tokenization

Yes

Payout/disbursements

Yes

Payment orchestration

Yes

Reconciliation and reporting

Yes

B2B payments

Yes

Operational efficiency:

•  ERP integrationYes

•  E-invoicing (automated)Yes

•  FactoringNo

Reporting/dashboards

Consolidated data and reporting dashboard

Yes

Financial and compliance capabilities

FX

Yes, 24 currencies

Current account/settlement account

Yes, actual network connected IBAN under ISEMCY22 or ISFIGB22

Client onboarding (KYC/KYB)

Yes

Fraud and risk management capabilities

Chargeback management

Yes

Transactions

Transaction volume

25 million

Transaction value

EUR 40 billion