Solutions Finseta PLC based in London (known as CornerStone FS) based in H1 2025, reporting the increase in revenue for the six months ended on June 30 2025 about 16% to £ 5.9m. 65.7%), which is due to a mixture of revenue and custom eBitda of c. £ 0.3 million (H1 2024: £ 0.8 million), reflecting the investment in the new strategic initiatives of the Group, which have significantly expanded the group’s capabilities and are expected to significantly accelerate sales growth and increase profitability in the medium term.
The customer’s type was increased by the revenue resulting from the two private customers (mainly of high net value) and corporate accounts at H1 2025. The percentage of total revenue corresponding to private customers was 42% (H1 2024: 60%) with corporate accounts contributing 58%:
New customers
The new customers who boarded the Finseta platform at H1 2025, but still to deal with were significantly higher than the first half of the previous year and in front of the administration’s expectations, placing the team for further development. The conversion of newly acquired customers into active customers during the period was limited by the impact on foreign currency rates (“FX”) and the global economy of tariff developments during H1 2025. As the FX rates smooth out and customers complete their transactions.
Strategic initiatives
Finseta’s new strategic initiatives – namely the corporate card system and its businesses in Canada and Dubai – started at H1 2025, creating first revenue during the period. Revenue is expected to increase from these initiatives as the second half of the year progresses. In Dubai, after Dubai’s financial services authorization to provide payment services in the United Arab Emirates, the team started expanding its activities, which will continue through H2 2025, including hiring many new sellers.
Cash created by operational activities in H1 2025 were c. £ 0.3 million (H1 2024: £ 0.8 million). The cash and cash equivalents on June 30, 2025 were £ 2.4 million (December 31, 2024: £ 2.6 million) resulting in a net cash of £ 0.4 million (31 December 2024: £ 0.6 million).
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Looking forward, the Board expects the team to deliver a strong second half of the year and report the results for 2025 according to his expectations. The Board of Directors expects a significant increase in H2 2025 revenue in previous years, on improved gross margin compared to H1 2025, supported by expected transactions from the encouragement of the customer’s new activity in H1 2025, as markets have been smooth.
The team will provide more information in the announcement of its temporary results, which is expected to be published in September 2025.
James Hickman, Managing Director of Finseta, said,
“This was a milestone period for Finseta as we started our corporate card program and greatly expanded our international capabilities with full service offers in Dubai and Canada. 2025 And look at the future with great confidence.”
About Finseta PLC
Finseta Plc (Lon: Fin) is a foreign exchange and payment company that offers multi -currency bills and payment solutions to businesses and individuals. Based in the city of London, Finseta combines a privately owned technological platform with a high level of personalized services to support customers with payments in more than 165 countries in 150 coins. With a history of over 15 years, Finseta has the know -how, experience and expansion of the global network of partners to be able to perform complex cross -border payments. It is fully adjustable, through its entirely owned subsidiaries, from the principle of financial behavior as an electronic institution of money. From the Canada Financial Transaction and reports Center as a money business. and from the Dubai Financial Services Authority with a 3D -class license.