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

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.

GirlsDoPorn Defendants Ordered to Pay Victims $75.5 Million

A federal court has ordered former GirlsDoPorn owner Michael Pratt and his co-defendants in the GDP sex trafficking case to pay restitution totaling $75,568,283.47 to 106 victims.

SWR Data Publishes 'Clip Trend' Report

Adult industry market research outfit SWR Data has published a report on the performance of clip platforms and sales.

Another German Court Rejects Blocking Orders Against Pornhub, YouPorn

A German court has blocked the Rhineland-Palatinate Media Authority (MA RLP) from forcing telecom providers based within the court’s jurisdiction to cut off access to Aylo-owned adult sites Pornhub and YouPorn.

Ofcom Fines Kick Online Entertainment $1 Million for AV Noncompliance

U.K. media regulator Ofcom on Thursday fined Kick Online Entertainment 800,000 pounds (more than $1 million) for failing to implement age checks as required for compliance with the Online Safety Act.

FSC Details Legislative Outlook for 2026

The Free Speech Coalition (FSC) has laid out the legislative outlook for the industry in 2026.

AEBN Publishes Popular Searches by Country for December, January

AEBN has released the list of popular searches from its straight and gay theaters, by country, for December and January.

Jim Austin Joins CrakRevenue Team

Online industry veteran and business strategist Jim Austin has been hired by CrakRevenue.

Judge Dismisses NCOSE-Backed Suits Against Adult Sites Over Kansas AV Law

A federal judge on Tuesday dismissed lawsuits brought against two adult websites in Kansas for alleged violations of the state’s age verification law.

Show More