Earthport Regulatory News (EPO)

4 February 2015

RNS Reach

Earthport plc

("Earthport" or "The Company")

Daniel Marovitz joins Earthport to Lead European Commercial Business

Earthport, (AIM:EPO) the largest open network for global bank payments today announces that web entrepreneur and banker, Daniel Marovitz, has joined the company as President of Europe.

Reporting to Hank Uberoi, Earthport's CEO, Daniel Marovitz will be responsible for the Company's

European commercial business lines.

Hank Uberoi said, "We are delighted to bring someone of Daniel's experience and calibre spanning ecommerce, transaction banking and media to Earthport. Known for his innovation and drive, Daniel will be a tremendous addition to our world-class team."

Daniel has most recently been CEO of Faculty of 1000, a software and data publisher serving the biomedical world. Prior to that he was CEO of buzzumi, a start-up technology company he founded in 2011.

From 2007-2011 Daniel was a Managing Director, Global Head of Product Management and board member of the Global Transaction Bank of Deutsche Bank. He started his career at Deutsche Bank in 2000 as the head of the Internet division and then went on to serve as the Chief Information Officer of the Investment Bank. Prior to Deutsche Bank he was a member of the management team of iVillage.com which he helped take public on NASDAQ. Marovitz began his career at Gateway, where he co-founded the Japanese subsidiary and later started Gateway.com, selling the first PC over the Internet and building it into a $750MM ecommerce business. Marovitz is a published author, frequent conference speaker on both Internet and banking topics and a founding member of SWIFT's Innotribe group.

Marovitz commented: "In a world of increasing global connectivity and cross border business, the payment's industry has not kept pace. Earthport's robust, modern, and compliant services change the game for banks, ecommerce companies and large corporates. I am excited to bring Earthport's services to our clients and drive change in the payments industry."

-Ends-

For further information, please contact:

About Earthport:

Earthport plc is a financial services organisation providing cross-border payments services to banks, e-commerce providers, money transfer companies and payment administrators. Earthport is headquartered in London with a regional office in New York.

One of the FinTech50 2015 - judged to be the game-changers transforming the future of finance - Earthport is also winner of the Grant Thornton Quoted Company Awards 2015 Technology company of the year award and FStech/Retail Systems' B2B Payments Innovation of the Year (2014).

Earthport provides the industry with the largest open network for global bank payments. Worldwide, over 50 banks are connected into Earthport's network for the efficient clearing of low value payments. With one connection to Earthport's network, clients benefit from sophisticated validation and compliance services, efficiently serving their customers with more innovative payment products.

Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. Find out more at www.earthport.com and on Twitter @Earthport, LinkedIn, Youtube, Slideshare and Google+.