I am Jason Drummond, a business founder and CEO from London, UK.
History
I started my first business venture Micromax at the age of 15, a company selling games software through newsagents. I invested my earnings from Micromax in Amstrad shares, which quadrupled in value. After completing my A-levels, I left school at 18 and spent 6 Months working as a salesman for Reed Business Publishing in 1987.
Recognizing the potential of fax machines and mobile phones, I used my profits to establish IDL Communications, a distributor for these products. In my early 20s, I took a year off to travel with my then wife Jacky while simultaneously setting up communication products companies in Russia and South Africa.
In 1995, I founded Virtual Internet, an online intellectual property protection and web hosting services firm. We took Virtual Internet public through a £15 million reverse takeover on the Alternative Investment Market (AIM) in 1999, where I retained a 70% stake valued at £23 million just four months later.
Subsequent Endeavours
Over the years, I’ve founded several successful companies, including coms.com (1999), a “follow me” telecoms service; RegistryPro (2000), which secured the .pro top-level domain; Xworks Limited (2000), an e-business incubator later renamed Gaming Corporation; Coms plc (2003), an internet communications company; and Betex Technologies (2005), focused on lottery management technology.
In 2005, I co-founded FairFX plc, an innovative online bank and peer-to-peer foreign currency exchange platform that later became Equals Group plc and went public on the AIM in 2014. That same year, I co-founded Shellworks Ltd (later Nettworx plc) and served as a founding director and shareholder of Metacharge Limited, an internet payment service provider acquired by PayPoint plc in 2006.
Recent Pursuits
In 2013, I joined C.A. Sperati, a company listed on the London Stock Exchange Main Market, as non-executive Chairman before transitioning to executive chairman and CEO roles. Under my leadership, we rebranded to Teathers Financial Plc and in 2016 launched Teathers.com – the world’s first app allowing retail investors to participate in IPOs and placings on the AIM market.
My latest venture is Medpal.ai, a groundbreaking healthcare technology company I founded in 2023. Medpal.ai leverages artificial intelligence to revolutionize patient outcomes by aggregating data from wearable and connected health devices.
Personal Life and Interests
I have always had a keen interest in technology and business. I’m passionate about innovation and finding solutions to everyday problems. In my spare time, I enjoy spending quality time with my four wonderful children and my dog Poppy. I’m an outdoor enthusiast who loves shooting and skiing and staying active to maintain a healthy lifestyle.