CEO/Owner Octav Moise has made the decision to sell the Paxum Brands and Paxum assets and is retiring from the industry. Paxum specializes in payment processing and facilitates everything from transferring to receiving money and mass payouts.

“It has been both a privilege and a pleasure to lead the development of Paxum into one of the premier global payment platforms.” said Octav Moise, CEO of Paxum Inc. “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 spent nearly 16 years leading and growing the payment processor with demonstrable care and consideration for its many clients and employees.

“I know I’ve made a difference with Paxum, and I’m satisfied I’m leaving Paxum in capable hands moving forward.” continued Octav Moise. “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!”

The serial entrepreneur has built, managed, and owned many successful businesses during his career, developing an abundance of knowledge, skills and experience. For top tier executives like Octav Moise the next challenge is always calling their name, and he is enthusiastically pursuing business in the renewable energies field.

Find out more about Paxum on their website at Paxum.com.