Specialist gaming payment account provider Xace has appointed leading igaming and fintech investor Julian Buhagiar as a non-executive director.
Julian has an extreme wealth of industry knowledge and is an investor and co-founder of RB Capital, a specialist M&A and investment brokerage in gaming, fintech and media. Over the last decade, Julian has amassed a phenomenal track record of investment, M&A and exits, having overseen some of the largest M&A transactions in the industry.
In addition to RB Capital, Julian is a founding partner and GP of Yolo Investments, a venture capital business focussed on opportunities across gaming and fintech with more than €400m AuM and investments in over 68 companies since inception.
As NED, Julian will bring his industry expertise to Xace by advising on its ambitious global expansion in the gaming sector and valuable mentorship to its senior management team.
Since launching just over a year ago, Xace has witnessed a rapid expansion particularly in industries such as gaming where businesses typically struggle to acquire regular bank accounts. To date the company has onboarded some of gaming’s most respected businesses as customers, providing them with business payment accounts in multiple currencies.
“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 over-stated. I am certain that with Julian’s guidance we’ll be well-placed to achieve our ambitious goals for Xace in the coming months,” David Hodkinson, CEO of Xace, said.
“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,” Julian said.