Finance News

Story: Xryma Eyes Euronext Paris Debut With 110 Million Shares and No Capital Raise

By James Thorp

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Revenue, Volume, and Seven Profitable Years. Xryma posted €53.4 million in transaction-driven revenue for its fiscal year 2025, processing…

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The Rebrand, the Name, and the CEO's History. Xryma didn't always go by that name. The company rebranded from ISX Financial EU in March 2026.

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Paris, Precedent, and What Comes Next. If Euronext Paris grants final approval, Xryma joins a short list of fintech names on the exchange.

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Xryma is heading to Paris. The Cyprus-based payments and banktech group is set to list on Euronext Paris on July 24, pending final approval from the exchange.

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No new shares. No fresh capital. Xryma's debut will be a straight direct listing — 110,079,450 ordinary shares, each carrying a nominal value of €0.

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Xryma posted €53.4 million in transaction-driven revenue for its fiscal year 2025, processing roughly €4.0 billion in transaction volume.

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Seven consecutive years of profitability. The company has been in the black every year for the better part of a decade, which is unusual in a fintech sector that's more…

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Probanx isn't a small side project. It licenses banking software to financial institutions, giving Xryma reach into clients that might never touch its consumer-facing products.

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Read also: Ostium Oracle Hack Drains OLP Vault of Up to $22 Million

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Non-Executive Chairman Takis Taoushanis said the listing was the product of a rigorous preparation process and is expected to set a precedent for other Cypriot companies thinking…

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Karantzis is no stranger to complex regulatory situations. He previously led iSignthis, a company that got tangled in a notable legal dispute with the Australian Securities and…

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The product lineup is expanding. Xryma's open-banking product, PaidBy, handles account-to-account payments with dynamic currency conversion built in.

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See also: Ostium Loses Over $20 Million on Arbitrum as Oracle Signer Gets Compromised

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The company is positioning the listing as a template. The idea, per Karantzis and Taoushanis, is that other Cypriot firms might follow if Xryma can show the route works.

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Xryma's cross-border open banking services run across the EU and UK. The T2 and TIPS participation gives it plumbing that most fintechs have to route through a bank to access.

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