Julian Buhagiar joins Xace board as non-executive director

Buhagiar is an investor and co-founder of igaming M&A advisory business RB Capital, a specialist M&A and investment brokerage in gaming, fintech and media. In addition to this, Buhagiar is a regular iGB columnist.

In the role, he will provide Xace’s executive leadership team with oversight on venture strategic planning as Xace sets to expand its business services in 2022.

Since launching in 2020, Xace has become a specialist provider of banking services, offering IBAN and payment accounts to the gaming industry.

It has expanded rapidly over the past year, becoming notably popular among gaming companies that struggle to acquire traditional high street bank accounts by providing them with business payment accounts in multiple currencies.

David Hodkinson, Xace CEO, said: “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.

“I am certain that with Julian’s guidance we’ll be well-placed to achieve our ambitious goals for Xace in the coming months.”

Buhagiar added: “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.”

This comes after the company appointed Andria Evripidou as new chief banking officer (CBO) to oversee its banking operations and expansion plans late last year.