Xryma Plc Annual Report 2025
30th April, Nicosia: Xryma Plc (formerly ISX Financial EU Plc) is pleased to present its Audited Annual Report and Managing Director’s letter to shareholders for the year 2025.
2025 Financial Highlights
Note to shareholders from Group Chief Executive Officer and Managing Director of Xryma Plc (Xryma), Nikogiannis (John) Karantzis.
“Dear Shareholders,
The 2025 financial year marked Xryma’s seventh consecutive year of profitability, reflecting the resilience of its business model, disciplined execution, while reinforcing its position at the forefront of the banktech and payments sector.
Building on the strong momentum of 2024, financial year 2025 was defined by infrastructure expansion and strategic execution. Our focus remained on delivering customer-centric solutions across the business. By combining technological capability, regulatory expertise, targeted infrastructure investment, and discipline to facilitate scaling, we continued to support our customers in achieving their commercial and operational objectives.
In 2025, Xryma advanced its payments infrastructure by becoming one of the first non-bank institutions to be granted access to the European Central Bank’s (ECB) T2 Real-Time Gross Settlement (RTGS) and TARGET Instant Payment Settlement (TIPS) infrastructure. This enhances Xryma’s existing UK Faster Payments and EEA SEPA instant payments capabilities, enabling direct transferring of central bank money across key financial markets.
The Group also maintained its leading position in Account-to-Account (A2A) payments through PaidBy®, its flagship Open Banking platform. Leveraging instant and faster payments, central bank connectivity, patented intellectual property, and proprietary technology, PaidBy® provides a strong alternative to traditional remote card-based payments through instant settlement, enhanced security, and seamless integration.
During the year, Xryma progressed the development of true cross-border A2A capabilities. From Q2 2026, this is expected to enable next-business-day settlement in more than 60 currencies, initiated from A2A payments in Euros or Pounds Sterling. Completion of TIPS integration is expected to extend these capabilities further to allow for initiation from the TIPS participating Scandinavian currencies.
The Group invested approximately €3 million in research and development (R&D) during 2025, strengthening its intellectual property portfolio and enhancing its proprietary systems, including flykk®, ISXMoney®, ISXPay®, and Paydentity®. Xryma’s software subsidiary, Probanx, continues to play a critical role in product development, deployment and system enhancement, whilst contributing to revenue growth.
Xryma also made progress in addressing preparatory requirements related to the planned admission of its shares to trading on a Preferred Exchange, which remains a key strategic priority.
In line with broader strategic objectives, the Group increased its investment in BeEmotion AI SA and successfully exited its long-term equity position in the National Stock Exchange of Australia (NSX) via the sale of its stake through a scheme of arrangement for NSX’s 100% takeover by CNSX Global Markets Inc., the parent of the Canadian Securities Exchange.
Beyond financial performance, Xryma continued to support environmental and social programmes through its We Care initiative and elite athletes and sporting organisations through its Dream Big initiative, reflecting its belief that long-term corporate success is closely linked to the wellbeing of the communities in which it operates.
As we look to 2026, our focus remains clear: preparation for scaling, investing in next-generation capabilities, seeking further regulatory permissions, and enabling broader currency interoperability with faster settlement cycles. Following the launch of our RTGS and TIPS services, we expect 2026 to be characterised by continued profitability and the introduction of new products. New product releases will be our short-term focus to facilitate growth post the planned admission to list. We remain mindful of potential turbulence arising from regional conflicts and global market conditions, however, we believe the Group is well positioned to continue executing against its strategic priorities.
On behalf of the Board of Directors, I am pleased to present the Xryma Plc 2025 Annual Report.
None of this would be possible without the dedication of our people, the guidance of our Board of Directors, the trust of our customers and our shareholders. Thank you all for your continued support in Xryma and we look forward to achieving even more in 2026.”
Nikogiannis (John) Karantzis
Group Chief Executive Officer and Managing Director
Xryma Plc
View the Xryma Plc 2025 Annual Report: https://www.xryma.com/hubfs/Annualreports/annual25.pdf