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Finseta plc Reports Strong 2024 Results and Strategic Expansion

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Cornerstone FS Plc ( (GB:FIN) ) has provided an announcement.

Finseta plc announced its final results for 2024, showcasing significant growth with a 26% increase in underlying revenue and a 19% rise in reported revenue. The company has expanded its customer base and completed a strategic shift to direct sales, enhancing its global payments network and product offerings, including a new corporate card scheme. With regulatory approvals in Canada and the UAE, Finseta is positioned for further growth in 2025, expecting its new products and expanded operations to significantly boost revenue and profitability.

More about Cornerstone FS Plc

Finseta plc is a foreign exchange and payments solutions company that provides multi-currency accounts to businesses and individuals. Headquartered in London, it leverages a proprietary technology platform to facilitate payments in over 165 countries and 150 currencies. The company is fully regulated by financial authorities in the UK, Canada, and Dubai, and has a 15-year track record in executing complex cross-border payments.

YTD Price Performance: -10.14%

Average Trading Volume: 146,841

Technical Sentiment Signal: Buy

Current Market Cap: £17.8M

For an in-depth examination of FIN stock, go to TipRanks’ Stock Analysis page.

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