Sale of Non-Trading Subsidiary

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to announce that it has entered into a share purchase agreement (“SPA”) for the sale of its non-trading subsidiary, Capital Currencies Ltd (“Capital Currencies”), which is authorised and regulated by the Financial Conduct Authority (“FCA”) as […]

Revenue Growth & adj. EBITDA Positive for H1 2023

Cornerstone FS PLC (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide the following unaudited update on trading for the six months ended 30 June 2023 (“H1 2023”). As announced on 19 April 2023, the Group generated exceptionally high levels of […]

Final Results for the Year Ended 31 December 2022

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, announces its final results for the year ended 31 December 2022. In addition, the Company gives notices of its annual general meeting (“AGM”) and publication of its annual report and accounts, both of which are being posted on […]

Completion of Sale of Avila House Ltd.

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to announce the completion of the sale of Avila House Ltd. (“Avila”) to Aspire Commerce Ltd. (“Aspire”) following the receipt of regulatory approval from the Financial Conduct […]

Trading Update: Q1 Revenue Ahead of Expectations

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to provide the following unaudited update on trading for the first quarter to 31 March 2023. As noted in the trading update announcement on 11 January 2023, the Group experienced strong trading momentum through FY 2022 and expects […]

Trading Update: Ahead of Expectations

Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to provide the following unaudited update on trading for the year ended 31 December 2022. As noted in the trading update announcement on 17 November 2022, the Group had experienced strong trading momentum through the […]

Sale of Aviva House

Value realisation of non-core small e-money institution to generate c. £600k Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into a share purchase agreement (“SPA”) for the sale of its non-core subsidiary, Avila House Ltd. (“Avila”), […]

We’ve appointed two new non-executive directors

Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has appointed Simon Bullock and John Burns as Independent Non-Executive Directors, with immediate effect and from 1 December 2022 respectively. The Company also announces that Daniel Mackinnon has tendered his […]