{"id":18512,"date":"2024-08-05T15:07:08","date_gmt":"2024-08-05T14:07:08","guid":{"rendered":"https:\/\/finseta.com\/about-us\/our-story\/"},"modified":"2025-07-03T14:39:48","modified_gmt":"2025-07-03T13:39:48","slug":"our-story","status":"publish","type":"page","link":"https:\/\/finseta.com\/ae-en\/about-us\/our-story\/","title":{"rendered":"Our Story"},"content":{"rendered":"\t\t
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We've come a long way<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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The year 2010...<\/div><\/div>
Our company begins<\/h5>
Finseta started out life in 2010 as PlutusFX LTD, which would later become FXPress, CornerstoneFS and then Finseta Payment Solutions. \n

\nOver time the key people in the business believed that there had to be a better, more efficient way to handle financial foreign exchange transactions. They therefore started the process of building in house a new technology platform for foreign exchange payments.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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The year 2010...<\/div><\/div><\/div>
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Spring 2012<\/div><\/div>
The first iteration of our proprietary tech is released<\/h5>
The company released internally its first version of what has gone on to become today\u2019s Finseta Online Account and Back-Office Platform.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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Spring 2012<\/div><\/div><\/div>
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Summer 2016<\/div><\/div>
Our platform begins being sold as a White Label Solution<\/h5>
Now renamed FXPress Payment Services, the company began to offer the platform as a white label product to other FX companies.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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Summer 2016<\/div><\/div><\/div>
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The year 2020...<\/div><\/div>
A new era begins<\/h5>
The company begins the next stage of its growth acquiring a number of key competitors and starting the journey to become both an EMI and joining the London Stock Exchange.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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The year 2020...<\/div><\/div><\/div>
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April 2021<\/div><\/div>
CornerstoneFS becomes a PLC<\/h5>
CornerstoneFS PLC is launched on the London Stock Exchange on the AIM listing and ticker CSFS.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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April 2021<\/div><\/div><\/div>
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August 2021<\/div><\/div>
Our new Asia team starts work<\/h5>
Though an acqui-hire process we brought aboard the new Asia team.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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August 2021<\/div><\/div><\/div>
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Also in August 2021 (it was a big month..)<\/div><\/div>
Our EMI licence is granted by the FCA<\/h5>
The Financial Conduct Authority grants us a new license to become an Electronic Money Institution.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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Also in August 2021 (it was a big month..)<\/div><\/div><\/div>
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September 2021<\/div><\/div>
Our UAE office is opened<\/h5>
Our office in Dubai is opened.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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September 2021<\/div><\/div><\/div>
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January 2022<\/div><\/div>
Capital Currencies LTD is acquired<\/h5>
We formally acquire Capital Currencies LTD and bring them into the Finseta family.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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January 2022<\/div><\/div><\/div>
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September 2022<\/div><\/div>
Pangea FX Ltd is acquired<\/h5>
We formally acquire Pangea FX LTD and bring them into the Finseta family.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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September 2022<\/div><\/div><\/div>
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April 2023<\/div><\/div>
Completion of Sale of Avila House Ltd.<\/h5>
Announcing the completion of the sale of Avila House Ltd. (\"Avila\") to Aspire Commerce Ltd. (\"Aspire\")<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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April 2023<\/div><\/div><\/div>
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February 2024<\/div><\/div>
Receives authorisation to operate in Canada from FINTRAC<\/h5>
Finseta received authorisation from FINTRAC to operate in Canada, significantly expanding its international reach.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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February 2024<\/div><\/div><\/div>
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April 2024<\/div><\/div>
CornerstoneFS becomes Finseta <\/h5>
CornerstoneFS officially rebranded itself as Finseta, marking a strategic shift in the company's identity and focus.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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April 2024<\/div><\/div><\/div>
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February 2025<\/div><\/div>
Finseta launched its corporate card <\/h5>
With the launch of the card product, the company aims to meet a wider variety of customer needs, enhance satisfaction.\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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February 2025<\/div><\/div><\/div>
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March 2025<\/div><\/div>
Opening of our Canadian Office<\/h5>
320 Bay St, Suite 101\nToronto, ON M5H 4A6. \n\nThis allows us to expand our international business.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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March 2025<\/div><\/div><\/div>
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Dubai license obtained<\/h5>
We received approval from DFSA in Dubai for our license.<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t
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Speak to us today to find out how we can help with your international payment and currency management requirements<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tGet Started<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

We’ve come a long way The year 2010… Our company begins Finseta started out life in 2010 as PlutusFX LTD, which would later become FXPress, CornerstoneFS and then Finseta Payment Solutions. Over time the key people in the business believed that there had to be a better, more efficient way to handle financial foreign exchange […]<\/p>\n","protected":false},"author":221728549,"featured_media":18513,"parent":17990,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"class_list":["post-18512","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nOur Story | Finseta<\/title>\n<meta name=\"description\" content=\"The Finseta story started small, aimed big and is growing every day. 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