Xace unveils new Malta headquarters set to open in summer

Added: March 30, 2021

Xace, the payment services supplier, has revealed its plans of opening a brand new Malta-based headquarters as a part of its Europe expansion strategy throughout this year.

The new headquarters will mainly be used to operate and manage the solutions the company provides to all Malta-based businesses and staff in the gaming sector, as well as simplifying its business enhancement in main markets across Europe.

The provider has noted that the HQ is set to open its doors sometime in the summer, becoming the home of Xace Europe, which will be a subsidiary of the parent company and will be in charge of the provider’s operations in the EU and will be offering larger access to all of its services for the firms in the area.

Xace CEO, David Hodkinson, explained:

“This is a very exciting development for Xace which comes such a short time after our initial launch. In just seven months we have scaled to one of the leading account providers in the gaming industry and with no signs of growth slowing down. Increasing our account offering in Malta was a no-brainer as it is the hub of the global gaming industry and where we absolutely need our European business to be based.”

The payment services provider has witnessed incredible growth since its launch last year, notably with gambling businesses that have a hard time working with traditional high street bank accounts.

As of right now, Xace offers GBP and EUR personal or business accounts, with virtual debit cards all over Europe. Its main focus for this year is expanding in the continent, as it reveals Malta as being the ideal spot for the location of its brand new European headquarters.

Xace CCO, Annie Osborne, also said:

“This is a milestone moment for us as we build on the tremendous growth Xace has enjoyed to date, making our products and services available to more gaming companies across Europe than ever before from our new Malta HQ.”

iGaming, Malta, Xace