Finseta (LSE:FIN) reported revenue of £12.4 million for 2025, representing a 9% increase from the previous year, as the foreign exchange and payments specialist continued to expand its corporate client base and strengthen its international presence. The growth was achieved despite softer activity levels among high-net-worth individuals and pressure on margins during the period.
The company continued to invest heavily in a range of strategic growth initiatives, including the establishment of a full-service office in Dubai, the development of UK agency banking capabilities and the launch of operations in Canada. While these investments affected adjusted EBITDA in the short term, management believes they will provide a foundation for stronger growth over the medium term.
A key driver of performance was the rapid expansion of the corporate division. Revenue generated from corporate customers increased by 54% during the year and now accounts for the majority of group turnover. Growth was supported by the introduction of new platform functionality and a broader focus on business-to-business payment services.
Finseta also reported strong trading momentum in Dubai, continued growth in its customer base and progress toward securing broader regulatory permissions across Europe. These developments are expected to enhance the company’s ability to serve clients operating in specialist and underserved markets, further strengthening its position as a cross-border payments provider.
Following the year end, the company completed a fundraising that has improved its balance sheet and provided additional resources to support future expansion plans. Management believes the strengthened financial position will help accelerate growth initiatives across existing and new markets.
The company’s outlook is supported by increasing confidence in its corporate-focused strategy and ongoing financial progress. Strategic investments, international expansion efforts and recent director share purchases provide encouraging signals for investors. However, technical indicators remain weak and suggest some caution in the near term, while valuation metrics continue to appear balanced rather than compelling.
More About Finseta plc
Finseta plc is a London-based foreign exchange and payments company offering multi-currency account services and international payment solutions to both businesses and individual clients. Through its proprietary technology platform and relationship-driven approach, the company facilitates complex cross-border transactions in more than 150 currencies across over 165 countries. Finseta operates under multiple regulatory frameworks, including those in the United Kingdom, Canada and Dubai, enabling it to support a growing international customer base.
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