Innova also said that Felix Crisan, the co-founder of Netopia Group, was appointed Chief Executive Officer (CEO) of the company, taking over the role from Antonia Eram, the founder of Netopia.     “In the management board, Felix Crisan (co-founder of NETOPIA Troup) takes over the role of CEO, transitioning from his previous position as Chief Technology Officer (CTO). Delia Paceagiu, formerly the Legal and Compliance Director, takes on the role of Chief Operations Officer (COO), while Horia Grozea, the current Sales and Business Development Director, expands his role within the organization,” as per data released by Netopia.   The company’s management also includes new hires from Innova. “The company’s new supervisory board will be made up of Krzysztof Kulig, Senior Partner at Innova, Anna Zientkiewicz, Director at Innova, and Antonio Éram (founder of NETOPIA Group), who will transition from his CEO role to overseeing the global strategy of the Netopia Group”.

The press statement regarding changes in the management team does not also mention the change of the company’s name into UP2PAY.

Netopia is one of the largest electronic payment processors in Romania and was founded in 2003.