IFX Payments Accelerates Growth with Comprehensive Transformation

In a significant milestone marking its evolution from legacy FX brokerage to high-growth fintech, IFX Payments unveiled a sweeping corporate restructure at Money20/20. The company detailed a multi-faceted scale-up strategy encompassing a rebuilt payments platform, executive leadership changes, and a new global headquarters in London’s City.

The transformation arrives as cross-border financial transactions demand greater agility, compliance, and operational efficiency to support evolving enterprise needs.

Technology Upgrade: ibanq 2.0

The core of the expansion is the launch of ibanq 2.0, a complete ground-up redesign of IFX’s payments engine first introduced in 2019. The greenfield approach optimizes speed and capacity while enabling faster feature deployment. Key enhancements include:

• Unified Access Rails: Single API connection to multiple international payment networks
• Accelerated Compliance: Automated verification reduces onboarding timelines
• Expanded Currency Coverage: Improves global liquidity options for cross-border commerce

The new architecture supports both high-volume fintechs and large enterprises needing alternative banking solutions, virtual IBAN configurations, and mass payout capabilities.

Leadership Realignment

To match the technological advancements, IFX reshuffled its C-suite:

• Adam Dowling promoted to Chief Commercial Officer (CCO)
• Anastasia Evans appointed Chief Operating Officer (COO)
• Murat Ates named Chief Product and Technology Officer (CPTO)

The company also reinforced compliance with three new risk veterans reporting to Sara Cass, Chief Risk and Compliance Officer.

New Global Hub in London

IFX Payments finalized the relocation of its corporate base to The Carter at 11 Pilgrim Street in St Paul’s, London. Designed for collaborative execution, the facility anchors operations across the UK, UAE, and Canada.

“This is a defining moment that reflects our journey and ambition,” stated CEO Will Marwick. “The combination of experienced leadership and continuous innovation positions us well for future growth.”