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La Fosse Places New Chairman at Leading Fintech Firm Ixaris

30/06/2017 By Jack Denison

High-growth technology, digital and change recruiter La Fosse Associates is thrilled to announce their placement of renowned fintech innovator David Sear as Non-Executive Chairman of fast-growing London firm Ixaris. The search was completed by Jack Denison, head of La Fosse’s Financial Services and Fintech Interim practice, which is rapidly making a name for itself as a leader in the private equity and financial services market. 
 
A highly regarded entrepreneur and investor in fintech firms for more than 20 years, David co-founded the FTSE 100 global payment powerhouse WorldPay. He was also the Group Chief Executive of Skrill, which was sold to Optimal Payments (now Paysafe) for €1.1 billion in 2015.
 
David previously lead the global rollout of both the Travelex Cash Passport travel card business, which sold to MasterCard in 2011 for $500m, and Travelex Global Business Payments, which was bought by Western Union in 2012 for $1bn. 
 
“Ixaris is one of the most promising European companies in fintech and is at the heart of much-needed innovation in payments,” explains David. “Over the past year the group doubled its monthly revenues across both B2B and B2C business lines. I am very excited about the opportunity to help this dynamic, fast-moving group with the next phase of expansion and to assist the team as they scale their ambitions for their consumer and commercial payments products.”
 
“We needed to find the right Chairman to help steer the business through some very exciting choices we have in the years ahead, and were very particular about the profile we were seeking, says Ixaris Founder and CEO, Alex Mifsud. I couldn’t have hoped for a better fit than David and La Fosse were excellent at understanding what we were after, and handled the process seamlessly,” says Ixaris Founder and CEO, Alex Mifsud. “Their knowledge of the Tech market, and an impressive network at a senior level were paramount to the success of this search. We look forward to working with them again” 
 
Jack and the La Fosse team have also completed two other senior hires for Ixaris over the past two years, interim CTO Dave Butler and Agile Coach Jon Spruce. 

For more information:
Jack Dension
Managing Consultant – Interim Practice
jack.denison@lafosse.com
020 7932 1686
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