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PaySaxas Secures EMI License and Appoints Dmitrii Barbasura as CEO, Ushering in a New Era of Growth

Helsinki, Finland - May 19, 2025 - (SeaPRwire) - Paysaxas Oy, the licensed entity behind the PaySaxas fintech brand, proudly announces two major milestones: the successful acquisition of an Electronic Money Institution (EMI) license from the Finnish Financial Supervisory Authority (FIN-FSA) and the appointment of Dmitrii Barbasura as Chief Executive Officer. These developments mark a significant step in the company's mission to revolutionize business access to financial services across Europe."I am honored to lead PaySaxas at this pivotal moment," said Dmitrii Barbasura, CEO of PaySaxas. "With our EMI license secured, we are poised to accelerate expansion across Europe, enhance our infrastructure, and strengthen customer trust. PaySaxas is dedicated to innovation, compliance, and delivering an exceptional financial experience. I look forward to driving the company forward as we set new standards in the fintech industry."A Milestone in Regulatory AdvancementThe FIN-FSA EMI License, granted to Paysaxas Oy, authorizes the issuance of electronic money and the provision of payment services throughout the European Economic Area, subject to EU passporting. As the regulatory foundation behind the PaySaxas platform, Paysaxas Oy ensures secure, compliant, and scalable operations. The company is officially listed in the European Banking Authority’s central register, further reinforcing its credibility as it expands across Europe. This regulatory recognition highlights the company’s commitment to upholding the highest standards in financial services, ensuring transparency, security, and compliance with European financial regulations.EMI status is expected to propel PaySaxas’s growth by providing a strong regulatory endorsement, increasing confidence among clients and partners. The license enables the company to scale its infrastructure, support higher transaction volumes, and maintain stringent oversight and risk controls. As a regulated EMI, PaySaxas is committed to delivering seamless and innovative financial solutions, including faster cross-border transactions, all under the supervision of a respected European authority.Strategic Leadership for a New Growth PhaseThe appointment of Dmitrii Barbasura as CEO comes at a time of rapid growth and expansion for PaySaxas. With an extensive background in fintech and financial services, Barbasura brings a wealth of experience in scaling businesses, driving innovation, and fostering strategic partnerships. His leadership will be instrumental in strengthening the market position of PaySaxas and expand the service offerings of PaySaxas to meet the evolving needs of businesses across Europe.Dmitrii Barbasura's expertise in the fintech sector positions him as the ideal leader to guide PaySaxas through its next phase of development. His deep understanding of financial technology, regulatory compliance, and strategic growth aligns with the company's mission of delivering cutting-edge financial solutions while maintaining the highest standards of security and compliance. Under his leadership, PaySaxas is set to introduce innovative services that enhance the customer experience and support the company's long-term growth objectives.Expanding Services and Future OutlookWith its new regulatory status, PaySaxas plans to introduce a range of enhanced financial products and services designed to support businesses in managing payments more efficiently. The company aims to leverage its EMI license to develop faster and more secure payment processing solutions, multi-currency support, and enhanced financial management tools tailored to the needs of modern enterprises.Looking ahead, PaySaxas is focused on building strong partnerships with financial institutions, technology providers, and businesses seeking robust payment infrastructure. The company remains dedicated to continuous innovation, ensuring that its platform remains at the forefront of the evolving financial services industry.With a seasoned leader at the helm and a robust regulatory framework in place, PaySaxas is entering an exciting new chapter. These milestones reaffirm the company's commitment to innovation, regulatory excellence, and customer-centric financial solutions. Under Barbasura's leadership, PaySaxas is well-positioned to expand its footprint and redefine financial infrastructure for businesses across Europe.Social LinksX: https://twitter.com/paysaxasInstagram: https://www.instagram.com/paysaxasLinkedIn: https://www.linkedin.com/company/paysaxas/Facebook: https://www.facebook.com/paysaxasMedia contactBrand: PaySaxasContact: Svyat SerbinEmail: marketing@paysaxas.comWebsite: https://paysaxas.com19/05/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Mon, May 19

PaySaxas Secures EMI License and Appoints Dmitrii Barbasura as CEO, Ushering in a New Era of Growth

Helsinki, Finland - May 19, 2025 - (SeaPRwire) - Paysaxas Oy, the licensed entity behind the PaySaxas fintech brand, proudly announces two major milestones: the successful acquisition of an Electronic Money Institution (EMI) license from the Finnish Financial Supervisory Authority (FIN-FSA) and the appointment of Dmitrii Barbasura as Chief Executive Officer. These developments mark a significant step in the company's mission to revolutionize business access to financial services across Europe."I am honored to lead PaySaxas at this pivotal moment," said Dmitrii Barbasura, CEO of PaySaxas. "With our EMI license secured, we are poised to accelerate expansion across Europe, enhance our infrastructure, and strengthen customer trust. PaySaxas is dedicated to innovation, compliance, and delivering an exceptional financial experience. I look forward to driving the company forward as we set new standards in the fintech industry."A Milestone in Regulatory AdvancementThe FIN-FSA EMI License, granted to Paysaxas Oy, authorizes the issuance of electronic money and the provision of payment services throughout the European Economic Area, subject to EU passporting. As the regulatory foundation behind the PaySaxas platform, Paysaxas Oy ensures secure, compliant, and scalable operations. The company is officially listed in the European Banking Authority’s central register, further reinforcing its credibility as it expands across Europe. This regulatory recognition highlights the company’s commitment to upholding the highest standards in financial services, ensuring transparency, security, and compliance with European financial regulations.EMI status is expected to propel PaySaxas’s growth by providing a strong regulatory endorsement, increasing confidence among clients and partners. The license enables the company to scale its infrastructure, support higher transaction volumes, and maintain stringent oversight and risk controls. As a regulated EMI, PaySaxas is committed to delivering seamless and innovative financial solutions, including faster cross-border transactions, all under the supervision of a respected European authority.Strategic Leadership for a New Growth PhaseThe appointment of Dmitrii Barbasura as CEO comes at a time of rapid growth and expansion for PaySaxas. With an extensive background in fintech and financial services, Barbasura brings a wealth of experience in scaling businesses, driving innovation, and fostering strategic partnerships. His leadership will be instrumental in strengthening the market position of PaySaxas and expand the service offerings of PaySaxas to meet the evolving needs of businesses across Europe.Dmitrii Barbasura's expertise in the fintech sector positions him as the ideal leader to guide PaySaxas through its next phase of development. His deep understanding of financial technology, regulatory compliance, and strategic growth aligns with the company's mission of delivering cutting-edge financial solutions while maintaining the highest standards of security and compliance. Under his leadership, PaySaxas is set to introduce innovative services that enhance the customer experience and support the company's long-term growth objectives.Expanding Services and Future OutlookWith its new regulatory status, PaySaxas plans to introduce a range of enhanced financial products and services designed to support businesses in managing payments more efficiently. The company aims to leverage its EMI license to develop faster and more secure payment processing solutions, multi-currency support, and enhanced financial management tools tailored to the needs of modern enterprises.Looking ahead, PaySaxas is focused on building strong partnerships with financial institutions, technology providers, and businesses seeking robust payment infrastructure. The company remains dedicated to continuous innovation, ensuring that its platform remains at the forefront of the evolving financial services industry.With a seasoned leader at the helm and a robust regulatory framework in place, PaySaxas is entering an exciting new chapter. These milestones reaffirm the company's commitment to innovation, regulatory excellence, and customer-centric financial solutions. Under Barbasura's leadership, PaySaxas is well-positioned to expand its footprint and redefine financial infrastructure for businesses across Europe.Social LinksX: https://twitter.com/paysaxasInstagram: https://www.instagram.com/paysaxasLinkedIn: https://www.linkedin.com/company/paysaxas/Facebook: https://www.facebook.com/paysaxasMedia contactBrand: PaySaxasContact: Svyat SerbinEmail: marketing@paysaxas.comWebsite: https://paysaxas.com19/05/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Mon, May 19

SeaPRwire Partners with Novationwire to Expand Operations in Dubai, Enhancing Media Services across the Arab Region

Dubai, UAE - May 19, 2025 - SeaPRwire, a leading public relations and media communications platform in Asia, has announced a strategic expansion into the Arab region through a new partnership with Novationwire. Together, the two companies have launched a regional office in Dubai, United Arab Emirates, to provide localized support and enhanced PR solutions for clients across key sectors including AI, Crypto, forex trading, online gaming and online entertainment.This move marks a significant milestone in SeaPRwire's global expansion strategy, aiming to better serve enterprises in the Middle East with professional, tailored media outreach services. With the addition of Novationwire's regional expertise, the Dubai office will function as a local hub for brands looking to strengthen their media presence in Arabic-speaking markets and beyond.Localized Support for a Dynamic Business EnvironmentDubai has emerged as a global innovation center and a major business gateway between East and West. The city's vibrant economy and pro-business regulatory environment continue to attract leading companies from emerging industries, particularly in AI, blockchain, fintech, and digital entertainment. Recognizing this growing demand for localized media support, SeaPRwire and Novationwire have joined forces to provide targeted communication services tailored to the unique needs of these high-growth sectors."Dubai is a key strategic location for our international growth," said Grace Martin, Media Director at SeaPRwire. "Our new partnership with Novationwire allows us to offer on-the-ground support and culturally attuned media solutions that empower brands to effectively connect with audiences in the Arab region."Multilingual Capabilities and Global DistributionThe Dubai office will offer press release distribution services in both Arabic and multiple global languages, supported by SeaPRwire's proprietary AI-driven media distribution platform. This ensures that clients' messages are delivered not only accurately, but also in a timely manner across borders and linguistic regions. Businesses will benefit from advanced targeting capabilities that reach key media outlets, journalists, and industry influencers throughout the Arab world and internationally."Through our advanced multilingual technology, we help clients publish and distribute press releases in Arabic, English, and over 20 other languages," said Ethan Youssef, Regional Director at Novationwire. "This is essential for companies in industries such as crypto and forex, where credibility and global exposure can make a significant difference in growth and investor engagement."Empowering High-Tech and High-Growth SectorsSeaPRwire's expansion into Dubai focuses heavily on serving companies operating in cutting-edge digital sectors. AI startups, cryptocurrency platforms, online entertainment services, and forex trading firms often face unique challenges when entering the Arab market. These include regulatory complexities, cultural nuances, and language barriers. SeaPRwire and Novationwire's new service suite aims to address these pain points by offering:Localized media strategies tailored to the UAE and broader Arab market Arabic language press release creation and distribution AI-enhanced global press distribution across 30,000+ media outlets Direct-to-editor services for major publications in the region Sector-specific media lists for fintech, AI, crypto, and entertainmentWith these resources, companies can establish a stronger media footprint, build credibility, and engage with investors and consumers more effectively in Arabic-speaking markets.Strategic Vision for the Middle EastThe partnership also aligns with the UAE's Vision 2030 goals to foster innovation and attract foreign investment. By equipping tech-forward businesses with the media tools they need to thrive, SeaPRwire and Novationwire are contributing to the growth of a digitally empowered economy in the region."Our presence in Dubai is about more than just business expansion—it's about supporting the evolution of communication in a region that's rapidly becoming a hub for digital innovation," added Martin. "Whether our clients are launching a new crypto token, announcing a major AI breakthrough, or expanding a forex trading platform, we're here to ensure their stories are heard—clearly, locally, and globally."About NovationwireNovationwire is a global PR and media distribution company focused on helping brands connect with audiences across emerging markets, particularly in the Middle East, Southeast Asia, and Africa. With deep regional expertise and a robust network of media partners, Novationwire delivers targeted messaging strategies that drive visibility and engagement across borders.About SeaPRwireSeaPRwire is a leading earned media communications management platform in Asia, designed to empower PR and communications professionals. Its Branding-Insight Program streamlines communication management by connecting clients with a network of over 80,000 journalists, editors, magazines, and online media outlets, along with 300 million followers of key opinion leaders (KOLs). Leveraging AI-driven technology, SeaPRwire enables users to identify relevant media and KOLs, personalize pitches, and measure the impact of their communications efforts. Operating across regions including Japan, China, Korea, Hong Kong, Singapore, Vietnam, Thailand, Malaysia, Indonesia, and the Philippines, SeaPRwire enhances brand awareness and educates audiences effectively.Media ContactBrand: SeaPRwireContact: Media teamEmail: cs@seaprwire.comWebsite: https://seaprwire.com19/05/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Mon, May 19

SeaPRwire Partners with Novationwire to Expand Operations in Dubai, Enhancing Media Services across the Arab Region

Dubai, UAE - May 19, 2025 - SeaPRwire, a leading public relations and media communications platform in Asia, has announced a strategic expansion into the Arab region through a new partnership with Novationwire. Together, the two companies have launched a regional office in Dubai, United Arab Emirates, to provide localized support and enhanced PR solutions for clients across key sectors including AI, Crypto, forex trading, online gaming and online entertainment.This move marks a significant milestone in SeaPRwire's global expansion strategy, aiming to better serve enterprises in the Middle East with professional, tailored media outreach services. With the addition of Novationwire's regional expertise, the Dubai office will function as a local hub for brands looking to strengthen their media presence in Arabic-speaking markets and beyond.Localized Support for a Dynamic Business EnvironmentDubai has emerged as a global innovation center and a major business gateway between East and West. The city's vibrant economy and pro-business regulatory environment continue to attract leading companies from emerging industries, particularly in AI, blockchain, fintech, and digital entertainment. Recognizing this growing demand for localized media support, SeaPRwire and Novationwire have joined forces to provide targeted communication services tailored to the unique needs of these high-growth sectors."Dubai is a key strategic location for our international growth," said Grace Martin, Media Director at SeaPRwire. "Our new partnership with Novationwire allows us to offer on-the-ground support and culturally attuned media solutions that empower brands to effectively connect with audiences in the Arab region."Multilingual Capabilities and Global DistributionThe Dubai office will offer press release distribution services in both Arabic and multiple global languages, supported by SeaPRwire's proprietary AI-driven media distribution platform. This ensures that clients' messages are delivered not only accurately, but also in a timely manner across borders and linguistic regions. Businesses will benefit from advanced targeting capabilities that reach key media outlets, journalists, and industry influencers throughout the Arab world and internationally."Through our advanced multilingual technology, we help clients publish and distribute press releases in Arabic, English, and over 20 other languages," said Ethan Youssef, Regional Director at Novationwire. "This is essential for companies in industries such as crypto and forex, where credibility and global exposure can make a significant difference in growth and investor engagement."Empowering High-Tech and High-Growth SectorsSeaPRwire's expansion into Dubai focuses heavily on serving companies operating in cutting-edge digital sectors. AI startups, cryptocurrency platforms, online entertainment services, and forex trading firms often face unique challenges when entering the Arab market. These include regulatory complexities, cultural nuances, and language barriers. SeaPRwire and Novationwire's new service suite aims to address these pain points by offering:Localized media strategies tailored to the UAE and broader Arab market Arabic language press release creation and distribution AI-enhanced global press distribution across 30,000+ media outlets Direct-to-editor services for major publications in the region Sector-specific media lists for fintech, AI, crypto, and entertainmentWith these resources, companies can establish a stronger media footprint, build credibility, and engage with investors and consumers more effectively in Arabic-speaking markets.Strategic Vision for the Middle EastThe partnership also aligns with the UAE's Vision 2030 goals to foster innovation and attract foreign investment. By equipping tech-forward businesses with the media tools they need to thrive, SeaPRwire and Novationwire are contributing to the growth of a digitally empowered economy in the region."Our presence in Dubai is about more than just business expansion—it's about supporting the evolution of communication in a region that's rapidly becoming a hub for digital innovation," added Martin. "Whether our clients are launching a new crypto token, announcing a major AI breakthrough, or expanding a forex trading platform, we're here to ensure their stories are heard—clearly, locally, and globally."About NovationwireNovationwire is a global PR and media distribution company focused on helping brands connect with audiences across emerging markets, particularly in the Middle East, Southeast Asia, and Africa. With deep regional expertise and a robust network of media partners, Novationwire delivers targeted messaging strategies that drive visibility and engagement across borders.About SeaPRwireSeaPRwire is a leading earned media communications management platform in Asia, designed to empower PR and communications professionals. Its Branding-Insight Program streamlines communication management by connecting clients with a network of over 80,000 journalists, editors, magazines, and online media outlets, along with 300 million followers of key opinion leaders (KOLs). Leveraging AI-driven technology, SeaPRwire enables users to identify relevant media and KOLs, personalize pitches, and measure the impact of their communications efforts. Operating across regions including Japan, China, Korea, Hong Kong, Singapore, Vietnam, Thailand, Malaysia, Indonesia, and the Philippines, SeaPRwire enhances brand awareness and educates audiences effectively.Media ContactBrand: SeaPRwireContact: Media teamEmail: cs@seaprwire.comWebsite: https://seaprwire.com19/05/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Mon, May 19
KeyAI