CEO Today United Kingdom Awards

• Figures released reveal that Prepaid Financial Services experienced a record-breaking financial year in 2018. Powered by innovation and acquisitions, revenue has risen to over €72 million. This has resulted in year-on-year sales growth of 43%+ and EBITDA reaching in excess of €11 million. It is the 11th consecutive year of profitability for the challenger. • Prepaid Financial Services has been named the Business of the Year in the United Kingdom in the 2019 European Business Awards, one of the world’s largest business competitions. Earlier this year you launched a series of cool tech wearable payment solutions – tell us more. PFS develops a range of mobile payment solutions securely and seamlessly. Mapping physical card numbers to virtual accounts (tokens) stored in mobile devices and used for Contactless, in-app and online transactions - never passing personal credentials. Using our strong partnerships with third parties, we provide quick and easy integrations into mobile payment applications. Our capabilities extend to providing Host-card Emulation (HCE) solutions making it possible to transform mobile apps into Contactless payment applications leveraging a device’s NFC capability. What sets Prepaid Financial Services apart from your competitors? PFS is an agile and Dual Regulated FinTech that delivers robust payment technology solutions and offers world-class innovation in electronic money. A pioneer in the evolution of the FinTech ecosystem, PFS’ award-winning solutions include eWallets, physical and virtual prepaid cards and current accounts in the UK and Europe. The company has a long history of being first-to-market with a list of FinTech innovations including the first Contactless card in the UK. PFS is one of Europe’s largest eMoney issuers and has returned profits for 11 consecutive years. With programmes active in 24 countries and growing, the company has the ability to transact in 23 currencies. PFS’productsandstate-of-the-art technologyplatforms are trusted by Governments, Local Authorities, Non- Governmental Organisations (NGOs), Mobile Network Operators (MNOs), Traditional Banks, Challengers and a comprehensive list of Corporates. Tell us about the developments you’re working on currently. What can we expect fromPFS in the next 12months? We anticipate a strong 2020 where our innovative, first-to-market solutions will continue to ignite and lead the way in the FinTech industry. Lately again, we have been expanding our workforce across the UK, Ireland and Malta to keep pace with the growth of new and existing business. In addition, following our success in becoming Brexit-ready and also Authorised and Regulated in Ireland (as well as the UK), PFS aims to operate in Africa and Asia as quickly as possible. We have been engaging with Financial Regulators across the regions. Current European Entrepreneur of the Year for the second year in a row and European CEO of the Year, Noel Moran, CEO at PFS, kickstarted his career in Financial Services after leaving Saint Patrick’s Classical School in Navan, County Meath, Ireland aged 17. He worked with two of the main traditional Irish banks, Permanent TSB and AIB. From there, he enjoyed a rapid ascent within the banking world in the United Kingdom working at Lloyds Bank, Royal Bank of Scotland, Co-Operative Bank and MBNA. Since founding Prepaid Financial Services (PFS) in 2008, Noel has been instrumental in the evolution of the FinTech industry. Within just a few years, he was the CEO of one of the fastest Financial Technology companies in the world to become profitable. PFS has returned profits for 11 consecutive years and has been awarded a list of major accolades for its innovative electronic money solutions. The European Business Awards has just named PFS the Business of the Year in the UK. Noel’s expertise in FinTech, innovation, e-money, banking solutions, e-wallets, physical and virtual prepaid cards, and current accounts in the UK, means he is a regular guest in-studio on TV, radio, newspapers and magazines. ABOUT NOEL MORAN Q Q Q FINANCIAL SERVICES 25 www.ceotodaymagazine.com CEO Today United Kingdom Awards 2019