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Equals Group Plc

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Market:
AIM
Market Cap:
£145.56 m
Price
81.50 GBX
Change
12.41%
52 weeks high
131.95
52 weeks low
72.00

In brief

Equals Group Plc is a leading challenger in the financial services sector catering for both business and retail customers. Operating under an e-money licence, Equals provides high-quality products including international payments, corporate expenses, current accounts, credit facilities, currency cards and travel cash. Equals’ customer-centric model delivers money management solutions at costs which are both transparent and among the most competitive in the market.

Through its subsidiary, Spectrum Payment Services Ltd (SPS), Equals has access to real-time settlement accounts with the Bank of England and is a member of the UK Faster Payments Scheme, meaning customers can transfer and receive funds with immediate effect. SPS is also approved by the FCA to provide credit facilities acting as a broker.

Deep dive We explore the investor case for growth companies

Snapshot

  • Equals is a payment and FX specialist focused on SMEs
  • Interim revenues rise by 21%
  • New finance director appointed to help with expansion plans
  • Changed name from FairFx in June 2019