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beeks financial cloud
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Executives
Beeks Appoints Nasdaq Veteran with 15 Years of Experience
Zech Kottilil joins Beeks to drive financial technology innovation and enhance client support.
The appointment is an important "milestone" for the company, according to the CEO.
Wednesday, 20/03/2024 | 11:45 GMT
by
Damian Chmiel
FinTech
Beeks Turns Profits for H1 FY24 amid Solid Revenue Rise
The company's revenue for the six months increased 25 percent.
It now anticipates to end the year in line with expectations.
Tuesday, 05/03/2024 | 08:18 GMT
by
Arnab Shome
Institutional FX
Beeks Financial Cloud's Shares Jump 40% on New Deals, Upgraded Forecasts
Strong H1 results and contract wins boost Beeks' outlook.
In reaction, the company's shares reached the highest levels since the late-2022.
Tuesday, 06/02/2024 | 09:06 GMT
by
Damian Chmiel
Retail FX
News Nuggets | 14 November: eToro Adds 236 New Stocks; AlpFin Announces New Head of Sales
Also, Stocknet Institute introduced SI World; Travelex showed a financial uptick, and Zodia joined forces with Triple-A.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 14/11/2023 | 11:49 GMT
by
Damian Chmiel
Institutional FX
Beeks’ Revenue Soars to £23.8 Million, but Where Did the Profit Go?
The publicly-listed company announced a revenue increase of 22% in FY2023.
However, the net profit turned negative.
Monday, 02/10/2023 | 07:05 GMT
by
Damian Chmiel
Institutional FX
Beeks Financial Forecasts £23.8 Million Revenue in FY23, Secures JSE Deal
Beeks Financial announces over 20% growth in ACMRR for FY23.
The company also secured a new Exchange Cloud contract with Johannesburg Stock Exchange.
Wednesday, 06/09/2023 | 07:52 GMT
by
Damian Chmiel
Retail FX
News Nuggets | 16 May: Futu Exits China App Stores; Beeks' New Contract
Also, the new ATFX's country manager and Matrixport's partnership with Copper.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 16/05/2023 | 11:11 GMT
by
Finance Magnates Staff
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Institutional FX
Beeks Group's H1 Losses Deepens amid Growing Costs
It ended the year with a pre-tax loss of £0.76 million.
Its revenue came in 35 percent higher.
Monday, 27/02/2023 | 09:42 GMT
by
Arnab Shome
Institutional FX
Beeks Sees “Record Trading Performance” in FY22, Partners with ICE
Its monthly recurring revenue increased by 40 percent.
It entered into a deal with ICE Global Network to provide Exchange Cloud services.
Monday, 12/09/2022 | 10:35 GMT
by
Arnab Shome
Institutional FX
Beeks Announces the Launch of Exchange Cloud
The launch will facilitate international financial exchanges and electronic communication networks.
Last year, Beeks introduced Proximity Cloud.
Monday, 13/06/2022 | 07:47 GMT
by
Bilal Jafar
Institutional FX
Beeks Financial Cloud Group’s Revenues Climb 46% in H1 FY22
Underlying gross profit increased 21% to £3.14 million.
The company launched Proximity Cloud in August 2021.
Monday, 21/03/2022 | 09:29 GMT
by
Bilal Jafar
Institutional FX
Beeks Financial Cloud Group Posts a 24% Jump in Annual Revenues
The company’s institutional revenue represented nearly 91% of the total revenue.
Monday, 27/09/2021 | 08:29 GMT
by
Bilal Jafar
News
Beeks Financial Cloud Group Launches Proximity Cloud
The Group provided a trading update for the year ended 30 June 2021.
Tuesday, 10/08/2021 | 09:55 GMT
by
Bilal Jafar
News
Beeks Financial Cloud Group Reports a Jump in Revenues
The revenues reached £5.29 million in the second half of 2020, which is a 24% jump compared to H1 of 2020.
Monday, 08/03/2021 | 08:02 GMT
by
Bilal Jafar
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News
Beeks Collaborates with Singapore Exchange to Remove Trade Barriers
The Group announced a new co-location as a Service (CaaS) partnership to provide ultra-fast connectivity to SGX.
Friday, 27/11/2020 | 11:12 GMT
by
Bilal Jafar
News
Beeks Announces the Launch of Beeks Analytics as a Service
The new analytics service will help financial firms to consume powerful network monitoring as a cloud-hosted offering.
Thursday, 05/11/2020 | 10:05 GMT
by
Bilal Jafar
Execution
Beeks Expands Partnership with IPC to Deliver New Solutions
Beeks will be the foundational managed hosting infrastructure service provider of Connexus Infrastructure Services.
Wednesday, 23/09/2020 | 04:03 GMT
by
Celeste Skinner
News
Beeks Posts Solid Annual Growth, Revenue Jumped 27%
The firm’s acquisition of Velocimetrics has increased its Tier 1 client’s list.
Tuesday, 15/09/2020 | 07:00 GMT
by
Arnab Shome
FinTech
Beeks Expects to Announce Trading Results in Line with Forecasts
The company said that COVID-19 has had a relatively small impact on its overall trading.
Tuesday, 04/08/2020 | 07:15 GMT
by
Celeste Skinner
Execution
Beeks Acquires Velocimetrics Limited in £1.3 Million Deal
The acquisition expands the product offering of Beeks into network automation and trading analytics.
Wednesday, 15/04/2020 | 07:56 GMT
by
Celeste Skinner
News
Beeks Financial Cloud Reports Solid H2 2019, Revenues Up by 23%
Gross profit also managed to increase by 25 percent from H1 of 2019.
Monday, 02/03/2020 | 10:25 GMT
by
Celeste Skinner
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News
Beeks Expands Global Footprint with Three New Data Centers
The company has its data centers in 15 locations around the globe.
Wednesday, 15/01/2020 | 11:00 GMT
by
Arnab Shome
Technology
Beeks Secures First Contract in Open Banking and Payments
The company has secured one contract worth $1 million and one £1.1 million contract over three years.
Friday, 20/12/2019 | 09:13 GMT
by
Celeste Skinner
Technology
Beeks CEO to Gain £2.2m From Share Sale
Gordon McArthur will sell 2,640,484 shares at 84 pence a piece
Tuesday, 15/10/2019 | 13:37 GMT
by
David Kimberley
News
Beeks Launches Server Backup Service
The service will allow firms to protect their data and continue operating in the event of a systems failure
Thursday, 26/09/2019 | 10:13 GMT
by
David Kimberley
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