Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
This week we formally took over ownership of Capital Currencies LTD. We’re absolutely thrilled to welcome Craig, Heather, Beryl and Jo to the Finseta team. Existing customers of Capital Currencies can expect business as usual with the same levels of high quality personal service that Capital Currencies excels in. Reflecting on the acquisition, our CEO […]
In November last year, economic activity was back to where it was before the pandemic. Since then, the spread of Omicron meant people spent less, but as the number of new cases falls, we expect spending to go up again. The number of people out of work is going down. The unemployment rate is only […]
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 […]