Trading Update: Ahead of Expectations
Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to provide the following unaudited update on trading for the year ended 31 December 2022. As noted in the trading update announcement on 17 November 2022, the Group had experienced strong trading momentum through the year […]
Sale of Aviva House
Value realisation of non-core small e-money institution to generate c. £600k Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into a share purchase agreement (“SPA”) for the sale of its non-core subsidiary, Avila House Ltd. (“Avila”), a registered small […]
We’ve appointed two new non-executive directors
Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has appointed Simon Bullock and John Burns as Independent Non-Executive Directors, with immediate effect and from 1 December 2022 respectively. The Company also announces that Daniel Mackinnon has tendered his resignation from the Board effective 1 November 2022. Simon Charles Bullock, […]
A new Strategic Partnership with Atlantic Partners Asia
Further to the Company’s announcement of 4 March 2022 announcing the variation of terms attached to the Convertible Loan note between the Company and Mr. William Newton (“BN”), Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that on 28 September 2022 BN […]
Our first half of 2022 represents ‘a period of significant growth’
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce its unaudited interim results for the six months ended 30 June 2022. Highlights · Total revenue increased by 127% to £1.9m (H1 2021: £837k) o Growth driven by direct sales, which increased to £1.4m (H1 2021: £231k) · Gross […]
On the passing of HM Queen Elizabeth II
The whole Cornerstone family joins the the rest of the UK, Commonwealth and wider world in mourning the tragic loss of our Queen. She was an inspiration for many and a great symbol for all. As a small token of respect we’ll be pausing our marketing activities during the mourning period for HM the Queen. […]
Welcome to the Cornerstone family: Pangea FX
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that is has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited (“Pangea”), a specialist FX and treasury consultancy (the “Acquisition”). […]
We’ve just appointed a new CEO: James Hickman!
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces the appointment of James Hickman as Chief Executive Officer. James is serving out his notice with his current employer and so his appointment will take effect on 12 September 2022. James has over 19 […]
Announcement of the Result of Fundraising
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that, further to its announcement at 6.14 p.m. on 4 August 2022, (the “Launch Announcement“), it has completed the Placing and issue of a new convertible loan note (together the “Fundraising“), which is now closed. The […]
CEO Julian Wheatland steps down from role
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that Chief Executive Officer (CEO), Julian Wheatland , has decided to step down from his role with Cornerstone with immediate effect. He has agreed to facilitate an orderly handover of his responsibilities to the wider management team […]