#Cyprus #Nicosia #Probanx #Xryma Plc #Euronext Paris

Xryma Plc Sets Stage for Growth with Euronext Paris Listing

Xryma Plc, a prominent player in the banking technology sector, has officially secured the necessary approval from the Cyprus Securities and Exchange Commission (CySEC) for its prospectus aimed at listing on Euronext Paris. This is a significant milestone for the company as it prepares for its market debut on July 24, 2026, under the ticker symbol "XRY."

The listing will feature 110,079,450 ordinary shares priced in euros, signaling Xryma's robust commitment to expanding its footprint not only in Europe but also on the global stage. The decision to go public comes as Xryma Plc continues to thrive in the realm of open banking technologies, providing both cross-border banking services and cutting-edge payment solutions tailored to meet the demands of diverse consumer needs.

A Growing Banking Technology Powerhouse

Founded with the vision of simplifying payment processes for merchants, Xryma Plc has successfully developed a comprehensive and regulatory-compliant payment platform. For the past seven years, the company has achieved consistent profitability, revolutionizing the way transactions are accepted, transferred, and settled across multiple payment channels—all through a unified connection.

The anticipated move to Euronext Paris marks not only a new chapter for the company but also a testimony to its substantial growth. In 2025 alone, Xryma generated a remarkable revenue of €53.4 million, underscoring the scalability of its business model, which primarily revolves around transaction fees and commissions. Notably, the company processed a transaction volume totaling approximately €4.0 billion during the same fiscal year, further cementing its role as a leader in the financial technology sector.

Strategic Implications of the IPO

Xryma's proposed IPO aims to enhance the visibility and liquidity of its shares, providing an opportunity for broader financial market access. As the fintech landscape evolves, such a listing will undeniably serve to strengthen Xryma's market position and bolster ongoing expansion of its product portfolio.

Takis Taoushanis, the non-executive chairman of Xryma Plc, remarked, "The approval of our prospectus is a pivotal moment for our company. It demonstrates our commitment to transparency and adherence to the norms of a premier European regulated market. This advancement will not only elevate our market standing but also create long-term value for our stakeholders, including clients, partners, employees, and shareholders."

Nikogiannis (John) Karantzis, CEO of Xryma Plc, added, "We have positioned ourselves as more than just a payment company. Our unique infrastructure enables seamless transactions across diverse channels, from bank-to-bank transfers to cryptocurrency payments, ensuring that we address the complexities of today’s fragmented payment landscape."

Looking Ahead

The upcoming admission of Xryma Plc’s shares is expected to create substantial growth opportunities, both for the company and its shareholders. It will allow access to a wider investor base, fostering relationships with financial institutions that already represent a significant portion of the shareholder register.

In conclusion, the IPO on Euronext Paris is a landmark event for Xryma Plc, reflecting Cyprus's growing importance as an international business hub. With a projected launch set for July 24, 2026, the company anticipates that this move will enhance its global reach and facilitate further affiliations with like-minded investors appreciative of Xryma’s innovation in the banking sector.

For additional information regarding Xryma Plc and its ongoing initiatives, the prospectus can be accessed via its dedicated investor relations website.

About Xryma Plc

Xryma Plc is a regulated European banking technology group operating through its subsidiary Probanx®. The company specializes in developing banking technologies and providing digital payment services underpinned by a direct central bank settlement framework. With a strong focus on compliance and cutting-edge service delivery, Xryma is poised to innovate the banking landscape.