IXOPAY has named Ajoy Krishnamoorthy CEO, putting him in charge of the payment infrastructure provider’s next stage of growth as it builds out an AI-native platform for the agentic commerce era. Krishnamoorthy spent more than two decades leading enterprise software companies, with a track record of turning complex technology into platforms businesses actually rely on.
He steps in at a strong moment for the company. Through 2025, IXOPAY processed $171 billion in payment volume, secured over 2.1 billion tokens, and supported 1.6 million merchants across a network of more than 500 payment adapters. Its customers include Aer Lingus, Cleverbridge, Delivery Hero, DHL Express, Grover, Kiwi.com, and Volkswagen.
“Payments are changing, AI agents are entering e-commerce transactions, consumer behavior is shifting and fraud is evolving, all in real time,” said Vik Verma, chairman of IXOPAY’s board of directors. “We saw this shift coming and built for it. IXOPAY unites orchestration, intelligence and tokenization in an AI-powered platform that gives enterprises the control, visibility and agility to stay ahead as payments grow more complex. With Ajoy we have found a leader who has spent his career helping businesses turn complexity into growth through flexible, intelligent software. His product and technical instincts, global operating experience and customer-first leadership will help our customers navigate this new and exciting era of agentic commerce.”
Krishnamoorthy came up through product management. Most recently he was CEO, and before that chief product officer, at Cin7. Earlier in his career he spent 10 years in product, strategy, and marketing roles at Microsoft, then served as chief strategy officer and executive vice president of product at Acumatica, where he helped scale its cloud ERP platform and grow its partner ecosystem.
“Agentic commerce is transforming how money moves, but legacy infrastructure is holding merchants back,” Krishnamoorthy said. “The winners will move faster, adapt instantly and stay in control. IXOPAY is investing to give merchants that advantage with the preeminent agentic payments platform, extending our customer-obsessed innovation that brands already rely on to power their global payments.”
The move underscores IXOPAY’s focus on helping merchants stay agile as agentic transactions, shifting customer expectations, and evolving fraud reshape global commerce. Instead of forcing businesses to adapt to rigid payment stacks, the company builds a vendor-neutral infrastructure layer designed to flex around each customer’s needs.
Krishnamoorthy succeeds Nord Samuelson, who served as interim CEO. IXOPAY’s board thanked Samuelson for his leadership through the transition.