Pax2pay expands in Europe with new Managing Director of Pax2pay UAB

Torsten Gros will lead the Lithuanian business

Travel payments solutions provider Pay2pay has appointed Torsten Gros as the new Managing Director of Pax2pay UAB.

Gros’ hire is part of its expansion strategy which coincides with the opening of its new office in Vilnius, Lithuania, so it can grow its presence across the European Economic Area.

Pax2pay’s digital payments solution, made up of Virtual Card, Bank Transfer, Account Creation and Invoice Payments technology, current supports some of the largest OTAs including Loveholidays, and others like TUI and Tryp.

Gros brings with him almost 30 years of experience in the travel and payments industry.

He previously held senior roles at eNett, Travelport and Apiso.

Based in Lithuania, Gros will spearhead Pax2pay's operations in the EEA region, a key market for Pax2pay’s growth strategy.

The new base for the firm will serve as a strategic hub to enhance Pax2pay’s local presence and better serve its clients in this vital region.

Gros said: "I am incredibly excited to join Pax2pay at such a dynamic time.

"I have always admired Pax2pay's innovative approach and its commitment to excellence.

“The team at Pax2pay is exceptionally talented, and I am eager to contribute to the company's vision of transforming the travel and payments industry.

“I believe in our collective potential and am confident that we will achieve remarkable success together.”

"We are thrilled to welcome Torsten to the Pax2pay family," said Paivo Eerola, CEO of Pax2pay.

"His wealth of experience and deep understanding of the travel and payments landscape will be invaluable as we continue to expand our footprint in the EEA region.

“The future looks exceptionally bright for Pax2pay, and Torsten’s appointment underscores our commitment to bringing in top-tier talent to lead our growth initiatives."