FinovateEurope 2011 Video Archives >> Ixaris Systems


Website: www.ixaris.com
HQ Location:
London, UK
Company Founded: September 2003
Product Being Demoed: Opn Card Guardian
Product Launched: February 2011
Metrics: Issued over 1.5 million cards to customers from over 120 countries, approximately 700,000 registered users.  In 2009, Ixaris handled over 2.4 million transactions totaling $180 million in volume that generated $7.75 million in revenue. 75 staff members across its headquarters in London, UK, and offices in Europe and the U.S., two new websites were launched in January 2010 for Ixaris’ trademarked payment service, EntroPay. Since then, website traffic has steadily increased with more than one million unique visitors during the year.




Presenter Profile How they describe themselves: Ixaris develops innovative applications that make sending and receiving money fast, simple and economical. Its Opn (pronounced ‘open’) platform makes it possible for anyone to create and run payment applications that use global payment networks like Visa, MasterCard and SWIFT.  Whether it’s collecting money from any bank account around the world or sending money by issuing a Visa or MasterCard, Opn makes it easy.  As the first open payment application platform that connects developers with global payment networks, Opn relies on ground-breaking proprietary technology and extensive banking relationships to allow entrepreneurs to develop new payment applications or simply enhance their existing business with customized payment capabilities.

How they describe their product/innovation: We will be demoing Opn Card Guardian, an application that automates the corporate purchasing process through one-time-use virtual Visa cards. We incorporated the word “guardian” into the name of the paylet to convey the extra protection it provides during the purchasing process.

Opn Card Guardian generates a virtual Visa card that is pre-loaded with funds for a specific transaction. This purchase is then completed automatically on behalf of the merchant, with no human intervention, using the issued virtual Visa. Executing the paylet through an API makes it very easy to integrate and convenient to access via any internet browser-based PC.

Key Executives: Alex Mifsud (CEO), John Chaplin (President)

Key Investors: Foresight Venture Partners, LaComp, Oxford Technologies

Key Partnerships: Visa, MasterCard, Barclays, Royal Bank of Scotland, Bank of Valletta, Transact Network and Envoy

Key Customers: Visa Europe, Aramex, eDreams, IMS Health and Ladbrokes.

Contacts:
Bus. Dev.: Jim Broom, Sales Director, jim.broom@ixaris.com
PR: Nicola Koronka, Hotwire, nicola.koronka@hotwirepr.com

Video Download To View this Video in a New Window: Left-click on either link below.

To Download: Right-click on the appropriate link below and select "Save Target As..." or "Save Link As..."

HD version of this video

Non-HD smaller version for slower connections

To Embed: Copy and paste the codes below.

Subscribe to Finovate

More Videos from FinovateEurope 2011
AcceptEmail
Backbase
BOKU
Business Forensics
Capital Access Network
Cardlytics, Inc.
Cortal Consors
eToro
eWise
Fidor
Figlo
Finantix
FriendsClear
HelpMyCash
IND Group
Ixaris
Linxo
Liqpay.com
Lodo Software
LoveMoney
Meniga
MiiCard
MPOWER Mobile
NCore Systems
SecureKey
Silver Tail Systems
SolidPass
StockTwits
Strands
Striata
Tagit
Unience
Voice Commerce
Xero
Yodlee