People Radar: Introducing Payabl Non-Executive Director James Hickman!

According to his LinkedIn profile, James Hickman, a British national, serves as CEO of the publicly traded (AIM: CSFS) Cornerstone FS PLC. Its subsidiary Cornerstone Payment Solutions Ltd, is an FCA-regulated e-money institution. James Hickman also serves as a non-executive director at the UK entity of German-Cypriot high-risk payment processor Payabl, founded and controlled by former Wirecard executives Ruediger Trautmann and Dietmar Knoechelmann.

According to his LinkedIn profile, James Hickman, a British national, serves as CEO of the publicly traded (AIM: CSFS) Cornerstone FS PLC. Its subsidiary Cornerstone Payment Solutions Ltd, is an FCA-regulated e-money institution. James Hickman also serves as a non-executive director at the UK entity of German-Cypriot high-risk payment processor Payabl, founded and controlled by former Wirecard executives Ruediger Trautmann and Dietmar Knoechelmann.

Short Personal Profile

Cornerstone FS plc is a payment group aiming at SMEs. It provides international payment, currency risk management, and electronic account services using a proprietary cloud-based multi-currency payments platform. These services are delivered directly and via white-label partners on a SaaS basis. James Hickman has been serving as CEO since Sept 2023 (press release).

Before Cornerstone, James was Chief Revenue Officer at Dublin-based fintech business, Fire Financial Services Ltd. He spent nearly five years as Chief Commercial Officer at AIM-quoted Equals plc, where his role also included investor relations, fundraising, and strategic acquisitions.

In October 2022, James was appointed as a non-executive director at Payabl. (UK) Ltd, a subsidiary of the Cypriot payment institution Payabl.Cy Ltd.

We do not know whether and which connections between AIM-listed Cornerstone FS and the Payabl Group still exist or which interests James Hickman represents at Payabl. Rumors about a (reverse) takeover have not yet been heard.

Payabl Key Data

Trading names	Payabl Payabl. ~~PowerCash21~~ ~~PowerPay21~~
Domains	https://payabl.com
Legal entities	Payabl.cy Limited, Cyprus (prev names: PowerCash21 Limited, E.E.A. Multicurrency Card Payment Processing Ltd)
Jurisdictions	Cyprus, Germany
Regulator	Central Bank of Cyprus (Payment Authority)
Related individuals	Ruediger Trautmann (LinkedIn) Dietmar Knoechelmann Ayelet (Fruchtlander) Knoechelmann (LinkedIn) Nissim Zarfati (LinkedIn) Frank Schoonbaert (LinkedIn) Ugne Buraciene (LinkedIn) Nikolett Ioannides (LinkedIn) Nataly Panagidou (LinkedIn) Theodoros Hadjistyllis (LinkedIn) David Scalabrino (LinkedIn) Christine Drabble (LinkedIn) James Hickman (LinkedIn)
Related entities	Payabl Solutions GmbH (Germany) Inatec Solutions GmbH (Germany) Klarpay AG d/b/a Klarpay (https://klarpay.com)

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