Appointment of Joint Broker

RNS Number : 4831N

FAIRFX Group PLC

18 January 2019

 

18 January 2019

FairFX Group plc

("FairFX" or "the Group" or "the Company")

Appointment of Joint Broker

FairFX, the low-cost multicurrency payments and e-banking service, is pleased to announce that Canaccord Genuity Limited has been appointed as Joint Broker to the Company, alongside Cenkos Securities plc ("Cenkos"), with immediate effect.

Cenkos remain as Nominated Advisor (NOMAD) and Joint Broker to the Company.

For more information, please contact:

FairFX Group plc         Ian Strafford-Taylor, CEO	[phone]
Cenkos Securities plc Max Hartley (Nomad) Callum Davidson    Nick Searle - Sales	[phone]
Canaccord Genuity Limited Bobbie Hilliam David Tyrrell Alex Aylen - Sales	[phone]
Yellow Jersey                          Charles Goodwin Annabel Atkins	[phone]

About FairFX

FairFX is a leading challenger brand in banking and payments that disintermediates the incumbent banks with a superior user experience and low-cost operating model. This enables personal and business customers to make easy, low-cost multi-currency payments in a broad range of currencies and across a range of FX products all via one integrated system. The FairFX platform facilitates payments either direct to Bank Accounts or at 30 million merchants and over 1 million ATM's in a broad range of countries globally via Mobile apps, the Internet, SMS, wire transfer and MasterCard/VISA debit cards.

FairFX provides banking and payment services to both personal and business customers through four channels: Currency Cards, Physical Currency, International Payments and Bank Accounts. The Currency Card and Physical Currency offerings facilitate multiple overseas payments at points of sale and ATM's whereas the International Payments channel supports wire transfer foreign exchange transactions direct to Bank Accounts. For Corporates, FairFX has a market-leading business-expenses solution based around its corporate prepaid platform and card that can yield significant savings on a Corporate's procurement through better controls and improved transparency and also streamline the procurement process thus saving administrative costs. Through the recent acquisition of CardOne, FairFX now has the capability to offer retail and business Bank Accounts with all the functionality you would expect from a Bank, namely faster payments, BACs, direct debits, international payments and a debit card.

 

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