Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
By the time the breakfast TV shows went live on the morning of 24th June 2016, it looked like all the worst Brexit predictions were coming true. The Pound seemed to be in free-fall, it lost 8% of its value against the Euro in that one day. At the height of the Brexit negotiations, the […]
Finseta is experiencing strong growth, benefiting particularly from favourable underlying market trends and from the expansion of its Asia-focused operations during FY21. The trading update for FY21 to end-December confirms strong revenue momentum (38% year-on-year growth) and an emphatic 21.7% point YoY uplift in gross margin. The margin uplift was driven by higher customer revenue […]
Without a doubt the last 15 or so years have been a rough time for all the major economies of the world. From the Global Recession to COVID-19, it’s been a rollercoaster of a ride. Turkey however has had one of the most turbulent times of all. For a long time, Turkey has been a […]
Finseta plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an update on trading for the year ended 31 December 2021. As noted in its announcement on 4 November 2021, the Group had been experiencing increased trading momentum, which has continued until the end of […]
(It’s been another great year for Renminbi) Doing well: Chinese Yuan It has been a really strong year for the Renminbi. Starting off the year at over 9 CNY to 1 GBP, the Chinese Yuan (CNY) has outperformed the pound. Over the course of the year, we have seen rates as low as 8.1. As […]
We’d like to give a big welcome to Beidi, Jixian and Linyu who became part of the Finseta team this week. Beidi, Jixian and Linyu are joining the Asia Team as Interns and will be helping to support this growing part of the Finseta business.