logo-loader
viewEquals Group Plc

FairFX boss Ian Strafford-Taylor 'delighted' with 2016 performance

Ian Strafford-Taylor, chief executive of FairFX Group Plc (LON:FFX) talks through performance of the multi-currency payments service with Proactive's Stocktube.

Its revenue from currency transactions rose 27.9% to £10.19mln from £7.97mln the year before. In total, £798.3mln of currency transactions passed through the FairFX platform, up 27.4% from £636.8mln in 2015.

International payments turnover rose 49.2% year-on-year to £446.5mln while currency card turnover was up 24.1% to £299.0mln.

During the year, 80,202 new customers were added to the business, bringing the total up to 588,192. The first quarter of 2017 saw another 15,070 customers get on board, bringing the total up to 603,262.

Quick facts: Equals Group Plc

Price: 89.5 GBX

AIM:EQLS
Market: AIM
Market Cap: £159.47 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Equals Group Plc named herein, including the promotion by the Company of Equals Group Plc in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

RNS

SME Loan product live with iwoca

2 weeks, 4 days ago

Director/PDMR Shareholding

3 weeks, 2 days ago

Replacement: Interim Results

3 weeks, 2 days ago

Director/PDMR Shareholding

3 weeks, 3 days ago

Grant of Options

3 weeks, 3 days ago

New Directorate Position

3 weeks, 3 days ago

Interim Results

3 weeks, 3 days ago

Agreement with Mastercard

3 weeks, 3 days ago

2 min read