# Michael J. Brown

> Michael J. Brown is the co-founder, chairman, chief executive officer and president of Euronet. After co-founding Innovative Software in 1979 and serving as an Informix executive, he co-founded Euronet in Budapest in 1994. He has overseen its expansion from independent ATMs into prepaid distribution, money transfers and payment technology, while supporting Kansas City education initiatives with his wife, Millie.

- **Role:** Co-founder, Chairman, CEO and President at Euronet Worldwide, Inc.
- **Organizations:** Euronet Worldwide, Inc., Innovative Software, Inc., Informix, Visual Tools, Inc., Science City at Union Station, Brown Family Charitable Foundation - Kansas City, Proteum Energy, Federal Reserve Bank of Kansas City 10J Payments Advisory Group
- **Education:** Bachelor of Science in electrical engineering, University of Missouri-Columbia, Master of Science in molecular and cellular biology, University of Missouri-Kansas City
- **Known for:** Co-founded Innovative Software and Euronet, with Euronet expanding into a payments network serving more than 200 countries and territories., Helped establish an independent, non-bank-owned ATM network in Central Europe., Regional Entrepreneur of the Year, UMKC Bloch School, 2010.

## Career timeline

- **1979** — Co-founded Innovative Software, developing integrated business software for personal computers; earned his electrical engineering degree.
- **1988** — Innovative Software merged with Informix; Brown became president and chief operating officer.
- **1989-1990** — Led Informix’s workstation products division; left Informix in 1990.
- **1990s** — Helped bring Science City to Kansas City’s Union Station and served as chairman of its board of trustees.
- **1993** — Became a founding investor in Visual Tools, later acquired by Sybase in 1996.
- **1994** — Co-founded Euronet’s predecessor with Daniel Henry in Budapest, Hungary.
- **1995** — Euronet installed its first ATM in Hungary in June; the year-end network comprised 53 ATMs.
- **1997** — Euronet listed on Nasdaq; Brown earned his UMKC master’s degree.
- **2000** — Pledged approximately $4 million of personal marketable securities to support arrangements for the Hungarian ATM network; the pledge was replaced in March 2002.
- **2003** — Euronet acquired e-pay Limited, expanding into prepaid mobile airtime distribution.
- **2007** — Euronet acquired Ria and established its money transfer segment.
- **2014** — Was inducted into UMKC’s inaugural Entrepreneur Hall of Fame class; became Euronet president again in December.
- **2019** — Mike and Millie Brown committed $250,000 to Science City’s Early Learning Initiative.
- **2020** — Michael and Millie Brown founded their Kansas City charitable foundation.
- **2026** — Presented Euronet’s strategy at its May 20 Investor Day; was announced in October as a participant in an upcoming UMKC entrepreneurship panel.

## Achievements

- Co-founded Innovative Software and Euronet, with Euronet expanding into a payments network serving more than 200 countries and territories.
- Helped establish an independent, non-bank-owned ATM network in Central Europe.
- Regional Entrepreneur of the Year, UMKC Bloch School, 2010.
- Inaugural inductee, UMKC Entrepreneur Hall of Fame, 2014.
- Shared Ingram’s 2025 Philanthropist of the Year honors with Millie Brown.

## Latest updates

- **2026-10** — On October 21, UMKC announced Brown as a participant in its upcoming panel on the future of entrepreneurship in Kansas City.
- **2026-05** — Brown was a featured speaker at Euronet’s May 20 Investor Day, presenting the company’s strategy.
- **2025-12** — Mike and Millie Brown were featured as Ingram’s 2025 Philanthropists of the Year in its December issue.

## Links

- Website: https://ir.euronetworldwide.com/management/michael-brown
- LinkedIn: https://www.linkedin.com/in/michaelbrown23
- Twitter/X: https://x.com/EuronetMike

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Profile page: https://yespress.io/michael-j-brown
Published by YesPress — https://yespress.io
Last updated: 2026-10-22