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FairFX hails another year of 'significant' growth

Mon, 17th Jun 2019 09:42

(Sharecast News) - E-banking and payments group FairFX said on Monday that 2018 had been "another year of significant growth", with further progress made towards its strategic goals.In an update ahead of its annual meeting, the company said turnover and revenue growth continued to be "strong" in its last trading year, both organically and via acquisitions, with the group continuing to make investments in its technology in order to increase the functionality and capacity of its platform for further expansion.The AIM-listed outfit also said it had enjoyed "a strong year to date" in 2019, in terms of both turnover and improved margins, as a result of rationalisation of its supply chain."In addition, the investments we made in 2018 are now flowing through in terms of new products being released in 2019; with one such example being the granting of the Bank of England settlement accounts and direct access to the Faster Payments scheme," said FairFX's chairman.Looking forward, FairFX's board expects its trading performance for the full year to be in line with market expectations.As of 0940 BST, FairFX shares had picked up 1.01% to 111.11p.
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26 Sep 2018 10:27

FairFx Interim Profit Surges As Revenue Rises In "Excellent" Results

LONDON (Alliance News) - Currency exchange firm FairFx Group PLC said Wednesday its profit leapt higher as operating leverage fed through from strong growth in its increasingly diversified revenue

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26 Sep 2018 08:40

FairFX turns in strong first-half despite sterling weakness

(Sharecast News) - FairFX brushed off the impact of sterling's weakness as it turned in a strong set of first-half results on Wednesday.

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6 Jul 2018 08:58

FairFX Expects Interim Revenue To Double On CardOne And City Forex

LONDON (Alliance News) - FairFX Group PLC on Friday said it saw a substantial revenue growth in the first half of its current financial year boosted by recent acquisitions.The payments to a

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23 Apr 2018 10:35

FairFX Swings To 2017 Profit On Revenue Jump As 2018 Growth Continues

LONDON (Alliance News) - Multi-currency payments service provider FairFX Group PLC said Monday it swung to a profit in 2017, after revenue grew strongly as its continues to see significant growth

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19 Jan 2017 09:27

FairFX Acquires Q Money And E-Money Licence In Cash And Shares (ALLISS)

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3 Nov 2016 13:24

FairFX breaks £10m barrier for monthly card loads

(ShareCast News) - Budget currency payments service FairFX breaks the £10m barrier for monthly loads while turnover for the quarter increased. The company's overall performance remains in line with market expectations as for the quarter ended 31 October, turnover climbed 45% year-on-year to £314m

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2 Aug 2016 14:11

FairFX teams up with Monarch

(ShareCast News) - FairFX has teamed up with UK airline Monarch to help holidaymakers save money on travel and benefit from a better customer experience. Monarch has signed an agreement with the FinTech low-cost multi-currency payments service to mutually promote each other's products, helping holid

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2 Aug 2016 08:15

FairFX Signs Cross-Promotional Deal With Monarch Airlines

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28 Jul 2016 09:21

FairFX Partners Premier League Champions Leicester City Football Club

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21 Jul 2016 08:22

FairFX First Half Revenue Ahead Of Expectations Amid Strong Growth

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20 Jul 2016 13:08

FairFX Appoints Egg.com Founder Bob Head As Non-Executive

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27 Jun 2016 08:31

Brexit gives FairFX a record week

(ShareCast News) - Low-cost currency provider and fintech company FairFX announced on Monday that it delivered a record week in terms of KPIs during the final stages of the EU referendum, with revenue up 30% on the previous record week achieved in July 2015 and up over 50% on the same week in June 2

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27 Jun 2016 06:56

FairFX Reports Record Week Of Revenue During Brexit Vote

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20 Jun 2016 15:42

FairFX enters mutual marketing agreement with Holiday Extras

(ShareCast News) - Low-cost foreign exchange provider FairFX announced on Monday that it has signed an agreement with Holiday Extras, to mutually promote each other's products. Holiday Extras is a UK-based seller of so-called travel "extras", including airport hotels, travel insurance, parking and l

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20 Jun 2016 07:27

FairFX Signs Strategic Partnership With UK-Based Holiday Extras

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