Xace, the leading provider of payment solutions for the online gaming industry, has proudly announced today the appointment of Reuben Abela as the new Chief Executive Officer of its European Division. Abela, the former Chief Operating Officer of Lidion Bank, is a pivotal addition to Xace’s Executive Team signalling the company’s ambitious expansion plans. Xace is looking at expanding its presence both across Europe and offering innovating payment solutions to underserved markets.

With over 15 years of experience and a strong background in both financial management and operations, Reuben Abela is set to drive Xace's strategic expansion globally. His deep knowledge of iGaming and banking throughout his career, where he successfully oversaw revenue and operational growth, makes him the ideal candidate to lead Xace’s next chapter.

Reuben Abela commented on his new role: "I am honoured to join Xace. I’ve been following the company’s impressive growth journey with genuine admiration, and I am grateful to be given the opportunity to be part of its team. I look forward to building on the firm’s strong foundation and driving its expansion, delivering innovative banking solutions to an ever-growing client base.”

David Hodkinson, Group CEO of Xace, added: “I am delighted Reuben is joining Xace, bringing his extensive knowledge and experience. His appointment is a key part of our strategy to grow our presence globally and enhance the services we provide to our clients.”

Reuben Abela will begin his new role with immediate effect, operating from Xace Malta’s headquarters.