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FinTech
Cornerstone Ventures Northward: Secures License for Canadian Operations
2024-02-13T11:24:19.797+02:00
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.
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FinTech
Cornerstone Strikes Deal with Mastercard for Corporate Card Product
2024-01-23T11:13:58.527+02:00
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.
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Damian Chmiel
FinTech
Cornerstone Announces 100% Revenue Increase in 2023
2024-01-10T10:07:51.796+02:00
The company reported a revenue of £9.6M.
Strong customer base and transaction values drove growth in the past year.
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FinTech
Cornerstone Predicts FY23 Revenue above Market Views, Shares Surge
2023-12-04T19:41:45.298+02:00
Cornerstone FS Plc reported trading results for FY 2023 that exceed market expectations.
The current growth continues a trend observed in previous financial periods.
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FinTech
Cornerstone FS PLC Announces Strong FY23 Outlook of £8 Million
2023-10-24T09:19:48.904+02:00
The company forecast a surge in full-year revenue, surpassing previous board expectations.
According to the CEO, CSFS is experiencing "excellent trading momentum."
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Damian Chmiel
FinTech
Cornerstone's Revenue Soars 90% as Forex Provider Beats Market Forecasts
2023-09-12T10:15:52.272+02:00
The company earned £3.6 million in the first half of 2023.
Cornerstone predicts that its full-year results will surpass analysts' forecasts.
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Damian Chmiel
FinTech
Cornerstone Estimates Revenue Jump of 89% in H1 2023
2023-07-11T09:16:45.333+02:00
Cornerstone expects total revenue for H1 2023 at £3.6 million.
The company’s CEO described the last six months as ‘excellent’.
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Damian Chmiel
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Institutional FX
Cornerstone FS Reports 110% Rise in 2022 Revenue
2023-05-16T16:24:32.272+02:00
Cornerstone reported substantial growth in revenue.
The company will continue to expand its partnership network and bolster its offerings.
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FinTech
Five Directors Buy 1.89% Stake in Cornerstone amidst Revenue Boost
2023-01-23T22:25:41.878+02:00
The directors bought 223,500 ordinary shares on January 20th via LSE.
Cornerstone expects FY22 revenue to skyrocket by 109% to £4.8M.
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Solomon Oladipupo
Institutional FX
Cornerstone Expects 109% Revenue Uptick in 2022
2023-01-11T12:01:53.388+02:00
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.
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Arnab Shome
Institutional FX
Cornerstone Agrees to Sell EMI-Licensed Subsidiary Avila for £300K
2022-12-23T12:09:30.231+02:00
Cornerstone acquired Avila in October 2020.
The proceeds from the sale will strengthen the company’s cash reserves.
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Arnab Shome
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