IFX Payments Accelerates Global Expansion with Major Investments

In a significant move signaling its ambition to become a leading alternative banking provider, IFX Payments has announced a comprehensive restructuring initiative at Money20/20. The company detailed plans for a completely rebuilt payments platform (ibanq 2.0), executive leadership changes, and a new global headquarters in London’s financial district.

The multi-faceted expansion addresses growing demands for agile payment infrastructure that can handle complex regulatory environments and support distributed enterprise trade.

Technology Foundation Rebuilt with ibanq 2.0

At the heart of IFX’s transformation is a greenfield development of its core payments engine. Rather than patching legacy systems, the company opted to build ibanq 2.0 from scratch—a decision that allows for optimized speed, capacity, and feature deployment.

The new platform offers:

• Unified Access Rails: A single API connection to multiple international payment networks
• Accelerated Compliance: Automated verification pipelines reduce onboarding times
• Expanded Currency Coverage: Improved liquidity options for cross-border transactions

ibanq 2.0 is designed to serve both high-growth fintechs needing scalable payment solutions and larger enterprises requiring flexible alternative banking services—all from a single integrated system.

Existing clients will be systematically migrated over the coming months as IFX rolls out this major upgrade.

Leadership Team Strengthened for Next Phase of Growth

To match its advanced technology, IFX has realigned its executive team with these key appointments:

• Adam Dowling promoted to Chief Commercial Officer (CCO) to lead global sales and marketing
• Anastasia Evans named COO, overseeing operations, legal, and human capital functions
• Murat Ates takes on the role of CPTO, managing engineering, product design, data science, and security

The company has also significantly bolstered its compliance capabilities with three new risk experts reporting to Chief Risk & Compliance Officer Sara Cass.

New London HQ Anchors Global Operations

Completing this expansion is a formal relocation of IFX’s corporate base to The Carter in St Paul’s, London—a premium office designed for collaboration and client engagement. This new hub will support the company’s growing footprint across the UK, UAE, and Canada.

“This marks a defining moment in our journey,” said CEO Will Marwick. “The combination of our rebuilt platform, strengthened leadership, and strategic location positions us to meet the evolving needs of global businesses seeking agile payment solutions.”