Company News

Hardman & Co complete research on Cornerstone FS

Cornerstone is experiencing strong growth, benefiting particularly from favourable underlying market trends and from the expansion of its Asia-focused operations during FY21. The trading update for FY21 to end-December confirms strong revenue momentum (38% year-on-year growth) and an emphatic 21.7% point YoY uplift in gross margin. The margin uplift was driven by higher customer revenue through direct channels (c.56% of total revenue in FY21), versus the indirect introducer network, although all channels saw growth. With a coherent product development roadmap in place and a strong pipeline of acquisitions, Cornerstone should continue to deliver solid growth over the medium term.

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Cornerstone establishes Asia team

New team appointed to leverage increasing foreign investment from Asia in UK and to grow direct business Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that it has appointed a new team to market the Group’s services

Welcome to the team Praveen, our new ETL Developer

We’d like to give a big welcome to Praveen Swaminathan, our new ETL Developer at Cornerstone. Praveen joins us from the University of Glasgow where he was a BI Analyst and Programmer. Praveen will be taking a key role in supporting the growth and development of our online platform.

Welcome to the team Gina, our new Operations and Finance Assistant

We’d like to give a big welcome to Gina Chu, our new Finance and Operations Assistant at Cornerstone. Gina will be helping support our financial operations functions across the business.  She is currently training to be an accountant.

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