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FFXTue, 26th Mar 2019 14:12
LONDON (Alliance News) - FairFX Group PLC on Tuesday said it has raised GBP2.0 million in an exercise of warrants covering 7.5 million shares.
FairFX shares were trading down 0.2% at 100.84 pence each on Tuesday afternoon.
The warrants exercised had been issued to Crystal Amber Fund Ltd in March 2016, in conjunction with an equity placing conducted back then.
The funds raised will support FairFX's growth plans in 2019 and beyond, the e-banking and international payments group said.
(ShareCast News) - Fintech low-cost multicurrency payments service FairFX was celebrating on Friday, having won the Most Trusted Prepaid Card Provider at a ceremony in London on Thursday night. The AIM-traded company was selected over competitors in the prepaid card space, including Travelex, Thomas
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Read more(ShareCast News) - FairFX widened its full year pre-tax loss to £3.4m from £2.8m the previous year as the multi-currency payments service boosted its investments in operations and technology. The group said the reported loss reflected an increase in marketing spend, a rise in headcount and higher ch
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