#Cyprus #Banking Solutions #Payment Technology #Nicosia #ISX Financial

ISX Financial EU Plc Reports Strong Financial Growth for H1 2025

ISX Financial EU Plc, known as ISXX, has announced its impressive financial results for the first half of 2025, which ended on June 30. The company, based in Nicosia, Cyprus, is recognized as a leader in regulated transactional banking and real-time payment solutions. The latest figures indicate a positive trend in profitability and capital strength, demonstrating the effectiveness of its business model amidst a challenging market.

Financial Highlights

The company reported several key metrics that underscore its robust performance:

• - A profit after tax increased by 6%, reaching €12.3 million.
• - Revenue grew by 5% to €27.7 million, fueled by an increase in customer base and demand for open banking services.
• - Operating expenses saw a modest rise of 3%, amounting to €15.6 million, primarily due to investments in personnel and technology.
• - Net assets surged by 29% to €54.1 million, with own funds climbing to €44.7 million.
• - Working capital improved to €39.4 million, while liabilities decreased by 8%, settling at €181.4 million.

Ajay Treon, Chief Financial Officer of ISXX, expressed confidence in the company's resilience and its strategic focus on offering low-cost, instant interbank payments, which has resonated well with customers. He mentioned, “The first half of 2025 demonstrated the strength and scalability of our business model. Despite a dynamic market environment, we grew profitably while investing in our platform and people.”

Strategic Focus and Market Position

ISXX's strategy has shifted towards more efficient, real-time account-to-account (A2A) payments, particularly through its unique PaidBy® product, which positions the company to better meet customer needs. This pivot away from traditional card acquiring has allowed ISXX to thrive in the evolving payment landscape.

Conversely, the slight increase in operating expenses reflects the company’s commitment to enhancing its workforce and IT infrastructure, crucial for maintaining its competitive edge in the fintech industry. Additionally, ISXX recognized a €0.9 million fair value gain on its investment in NSX, contributing to its strong balance sheet.

Future Outlook

As ISX continues to invest in its core technologies and compliance infrastructure, it is also focused on scaling its offerings across Europe and global markets. The company has plans to enhance its central bank connectivity and strengthen its instant payment capabilities, aligning with upcoming regulatory frameworks like PSD3, FIDA, and DORA. These initiatives position ISXX for sustained growth and innovation in the financial technology sector.

Moreover, CEO Nikogiannis Karantzis announced the filing of their prospectus with the Cyprus SEC, a significant step towards being listed on the Cyprus Stock Exchange. This move comes with new reporting obligations, which will require ISXX to provide timely disclosures and semi-annual financial reports, making the company accountable to its investors more rigorously.

In conclusion, ISX Financial EU Plc stands out in the competitive landscape, not only for its strong financial results in the first half of 2025 but also for its strategic focus on innovation and customer-centric solutions in the banking sector. As it navigates through the rest of the year, ISXX appears well-equipped to leverage its strengths for continued growth and customer satisfaction.

For more detailed financial insights, please check the official report here.