SBC News Voice of the Sports Betting Industry
Player banking solutions provider Xace has confirmed that renowned igaming and fintech investor Julian Buhagiar has joined its business as a non-executive director.
Buhagiar, the co-founder of igaming M&A advisory RB Capital, will provide Xace’s executive leadership team with oversight on venture funding and strategic planning as Xace moves to aggressively expand its business services in 2022.
Xace underscored Buhagiar proven track record with RB Capital and as the founding partner of Malta venture capital fund Yolo Investments that maintains €400 million under management, investing in 68 companies since its inception.
“I am thrilled to have someone of Julian’s calibre joining Xace. His deep knowledge of the gaming and fintech industry, combined with his intellectual capacity cannot be overstated,” commented Xace CEO David Hodkinson.
“We are certain that with Julian’s guidance we’ll be well-placed to achieve our ambitious goals for Xace in the coming months.
Xace launched its business in 2020 securing its UK FCA licence, allowing the company to provide customised banking services for igaming and esports players that include IBAN and payment processing alternatives.
The fintech venture aims to become the leading player banking solutions provider for igaming and esports incumbents.
Buhagiar commented on joining Xace – “I am delighted to be joining Xace as their growth continues to strengthen. “
“David and his team have quickly established Xace as the banking and payment services destination to an ever-increasing proportion of the gaming and finance industry. I am thrilled to be joining at such a vital stage of the company’s evolution.”
