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Octav Moise Set To Retire From Industry; Sells Paxum Brand And Assets

Octav Moise clarified exclusively to BCAMS Magazine that he sells the Paxum brand and the assets. This sale was not related to the controversy surrounding Paxum Bank in Russia. PAXUM Bank and Paxum Inc. are not part of the same group and are not connected in any way, offering independent services and operating in different fields.


“It has been both a privilege and a pleasure to lead the development of Paxum into one of the premier global payment platforms,” he said. “I have truly enjoyed working with so many talented and devoted colleagues, and building long-term relationships with our clients. I am proud of our many accomplishments and I look forward to making a smooth transition with as little disruption as possible to the positive momentum that Paxum has established.”

Moise has been at the helm of Paxum for 16 years. Under Moise’s stewardship, Paxum has won multiple Awards for Payment Services Company of the Year. Currently, “he is enthusiastically pursuing business in the renewable energies field,” said a rep.

He went on to add, “I know I’ve made a difference with Paxum, and I’m satisfied I’m leaving Paxum in capable hands moving forward. In fact, I’d like to take this moment to acknowledge and thank my many friends, clients, colleagues and the entire industry for all the support and memorable moments we’ve enjoyed together over the years. I’m excited for my future projects, and I hope our paths will cross again.”

We wish you good luck with your new projects, Octav!


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