Ixaris Technologies will operate as a separate company, delivering distinct services to its B2B customers, while its sister company EntroPay will continue to focus on its profitable self-service consumer and small-business virtual card business.
The company says that its B2B payment offering now accounts for 25% of Ixaris Group revenues, which exceeded USD 16 million in 2015.
Its plans to grow include further fundraising from strategic investors later this year.
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