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FinTech

Cornerstone Ventures Northward: Secures License for Canadian Operations

  • The company has obtained an MSB license from Canada's Financial Transactions Center.
  • Earlier, the firm partnered with Mastercard to launch a new corporate card product.
Tuesday, 13/02/2024 | 09:24 GMT by Tareq Sikder
FinTech

Cornerstone Strikes Deal with Mastercard for Corporate Card Product

  • The cooperation allows Cornerstone to issue Mastercard co-branded commercial cards.
  • After the announcement, the company's shares reached a two-year high on the LSE.
Tuesday, 23/01/2024 | 09:13 GMT by Damian Chmiel
FinTech

Cornerstone Announces 100% Revenue Increase in 2023

  • The company reported a revenue of £9.6M.
  • Strong customer base and transaction values drove growth in the past year.
Wednesday, 10/01/2024 | 08:07 GMT by Damian Chmiel
FinTech

Cornerstone Predicts FY23 Revenue above Market Views, Shares Surge

  • Cornerstone FS Plc reported trading results for FY 2023 that exceed market expectations.
  • The current growth continues a trend observed in previous financial periods.
Monday, 04/12/2023 | 17:41 GMT by Damian Chmiel
FinTech

Cornerstone FS PLC Announces Strong FY23 Outlook of £8 Million

  • The company forecast a surge in full-year revenue, surpassing previous board expectations.
  • According to the CEO, CSFS is experiencing "excellent trading momentum."
Tuesday, 24/10/2023 | 07:19 GMT by Damian Chmiel
FinTech

Cornerstone's Revenue Soars 90% as Forex Provider Beats Market Forecasts

  • The company earned £3.6 million in the first half of 2023.
  • Cornerstone predicts that its full-year results will surpass analysts' forecasts.
Tuesday, 12/09/2023 | 08:15 GMT by Damian Chmiel
FinTech

Cornerstone Estimates Revenue Jump of 89% in H1 2023

  • Cornerstone expects total revenue for H1 2023 at £3.6 million.
  • The company’s CEO described the last six months as ‘excellent’.
Tuesday, 11/07/2023 | 07:16 GMT by Damian Chmiel
Institutional FX

Cornerstone FS Reports 110% Rise in 2022 Revenue

  • Cornerstone reported substantial growth in revenue.
  • The company will continue to expand its partnership network and bolster its offerings.
Tuesday, 16/05/2023 | 14:24 GMT by FM Contributors
FinTech

Five Directors Buy 1.89% Stake in Cornerstone amidst Revenue Boost

  • The directors bought 223,500 ordinary shares on January 20th via LSE.
  • Cornerstone expects FY22 revenue to skyrocket by 109% to £4.8M.
Monday, 23/01/2023 | 20:25 GMT by Solomon Oladipupo
Institutional FX

Cornerstone Expects 109% Revenue Uptick in 2022

  • The company witnessed a strong trading momentum throughout the year across businesses.
  • Its gross margin is expected to increase to about 61 percent from 52 percent.
Wednesday, 11/01/2023 | 10:01 GMT by Arnab Shome
Institutional FX

Cornerstone Agrees to Sell EMI-Licensed Subsidiary Avila for £300K

  • Cornerstone acquired Avila in October 2020.
  • The proceeds from the sale will strengthen the company’s cash reserves.
Friday, 23/12/2022 | 10:09 GMT by Arnab Shome
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