OxPay Financial Limited (DE:ATBC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
OxPay Financial Limited navigated a challenging period after Worldpay terminated their payment facilitator agreement in May 2023, leaving the company without a facilitator until March 2024. Despite this setback, OxPay still reported an increase in revenue and profit for FY2023 due to higher processing volumes in the early part of the year. The Group has since secured a new payment facilitator agreement with DCS Card Centre Pte. Ltd. to resume processing various card payments.
For further insights into DE:ATBC stock, check out TipRanks’ Stock Analysis page.
