Cornerstone’s story

We've come a long way

The Cornerstone of today has been twelve years in the making. We started small, we aimed big and whilst we’re proud of where we are today, we’ve got even more bold developments to come in the near future.
The year 2010...
Our company begins
Cornerstone started out life in 2010 as PlutusFX LTD, which would later become FXPress and then Cornerstone Payment Solutions.

Over time the key people in the business believed that there had to be a better, more efficient way to handle financial foreign exchange transactions. They therefore started the process of building in house a new technology platform for foreign exchange payments.
The year 2010...
Spring 2012
The first iteration of our proprietary tech is released
The company released internally its first version of what has gone on to become today’s Cornerstone Online Account and Back-Office Platform.
Spring 2012
Summer 2016
Our platform begins being sold as a White Label Solution
Now renamed FXPress Payment Services, the company began to offer the platform as a white label product to other FX companies.
Summer 2016
The year 2020...
A new era begins
The company begins the next stage of its growth acquiring a number of key competitors and starting the journey to become both an EMI and joining the London Stock Exchange.
The year 2020...
April 2021
Cornerstone becomes a PLC
Cornerstone FS PLC is launched on the London Stock Exchange on the AIM listing and ticker CSFS.
April 2021
August 2021
Our new Asia team starts work
Though an acqui-hire process we brought aboard the new Asia team.
August 2021
Also in August 2021 (it was a big month..)
Our EMI licence is granted by the FCA
The Financial Conduct Authority grants us a new license to become an Electronic Money Institution.
Also in August 2021 (it was a big month..)
September 2021
Our UAE office is opened
Our office in Dubai is opened.
September 2021
January 2022
Capital Currencies LTD is acquired
We formally acquire Capital Currencies LTD and bring them into the Cornerstone family.
January 2022
September 2022
Pangea FX Ltd is acquired
We formally acquire Pangea FX LTD and bring them into the Cornerstone family.
September 2022
April 2023
Completion of Sale of Avila House Ltd.
Announcing the completion of the sale of Avila House Ltd. ("Avila") to Aspire Commerce Ltd. ("Aspire")
April 2023

Speak to us today to find out how we can help with your international payment and currency management requirements