Tom Greenwood, the billionaire fintech entrepreneur behind some of Europe’s most innovative payment platforms, is fighting for his life in Greece after a serious accident. The 47-year-old founder of Volt and current CEO of Volt and Velocity was driving an ATV when he was involved in a major traffic collision on Wednesday, August 20, while vacationing on Mykonos.
Notably, this was not the only accident in August 2025, as Mykonos witnessed a series of serious road incidents, highlighting ongoing safety concerns on the popular Aegean island.
Transfer to Athens and treatment
Although he initially survived the accident on Mykonos, he sustained multiple fractures from the waist down. He was rushed to the Mykonos Health Center, where his condition quickly worsened. According to medical staff, Greenwood suffered a heart attack while receiving emergency treatment.
His spouse immediately contacted his private insurance provider to arrange a medical evacuation. A helicopter was dispatched to the island, but doctors on site deemed his condition too unstable for air transport by a helicopter, warning that his chances of survival were extremely limited.
Eventually, a specialized aircraft from the Greek National Emergency Center (EKAB) transported Greenwood to the General State Hospital of Nikaia, near Athens. He underwent hours of complex surgery that lasted into the early hours of Thursday morning. Medical sources in Greece have confirmed that Tom Greenwood’s condition has stabilized, but he remains in intensive care and in critical condition.
About Tom Greenwood
Greenwood is widely regarded as one of the leading figures in global fintech. He founded IFX Payments in 2005 and scaled it into a worldwide operation with the launch of ibanq, an embedded finance platform.
In 2019, he launched Volt, a London-based real-time payments company that has since expanded internationally and was named UK Fintech Company of the Year in 2024. Nowadays, Greenwood also serves as CEO and co-founder of Velocity, a financial infrastructure platform.
The fintech world is closely watching developments, as Greenwood’s contributions have left an indelible mark on the industry.
