Paxum CEO Octav Moise Sells Company, Retires From Industry

Paxum CEO Octav Moise Sells Company, Retires From Industry

MONTREAL — Paxum CEO Octav Moise has sold the company's brand and its assets, and retired from the industry.

"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 XBIZ 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."

For more information about Paxum, visit the company online.

Related:  

Copyright © 2026 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

VirtualRealPorn Launches New WebXR Site

VirtualRealPorn has officially launched its new site, powered by Web Extended Reality (WebXR).

'MyAsianGFs' Launches Through Paysite.com

MyAsianGFs.com has officially launched through Paysite.com.

Corey Silverstein to Host Webinar on North Carolina Age Verification Thursday

Adult industry attorney Corey D. Silverstein has announced his latest "Legal Impact" webinar, titled "North Carolina AV Law — Content Creation Issues," to livestream Thursday at 4 p.m. (EST).

Ofcom Fines 8579 LLC $1.8 Million for AV Noncompliance

U.K. media regulator Ofcom on Monday imposed a fine of 1.35 million pounds (more than $1.8 million) against adult site operator 8579 LLC for failing to implement age checks as required for compliance with the Online Safety Act.

Pearl Industry Network Launches 'TrustLink' Creator Verification Platform

Trade group Pearl Industry Network (PiN) has launched TrustLink, its free creator verification platform.

FSC Updates Complaint in Tennessee AV Case, AG Motions to Dismiss

The Free Speech Coalition this week filed an amended complaint in its lawsuit challenging the Protect Tennessee Minors Act as unconstitutional, in response to which the Tennessee attorney general motioned for dismissal of the case.

Cherie DeVille Joins Woodhull Freedom Foundation 'Free Speech' Panel

Multi-XMAs winner Cherie DeVille will join the upcoming Woodhull Freedom Foundation panel series "Fact Checked by Woodhull," addressing free speech on Feb. 26.

Wisconsin AV Bill Moves Ahead, Minus Anti-VPN Provisions

The Wisconsin state Senate on Wednesday advanced a bill that would require adult websites to verify the ages of users, but approved an amendment striking proposed language that would have required sites to block virtual private network traffic.

Pineapple Support Introduces 'Wellbeing by PS' Service

Pineapple Support has debuted its new Wellbeing by PS service, providing mental health support packages for companies and agencies.

MyMember.site Integrates Bluesky Functionality

MyMember.site has added Bluesky features to its website management platform.

Show More