FairFX Group Plc (LON:FFX) released a wide-ranging update on Wednesday, which confronted issues such as BREXIT, as well as news that the commercial momentum reported at the last update has continued, and chief executive Ian Strafford-Taylor speaks to Proactive on a number of the key points.
FairFX has developed a cloud-based payments platform that enables personal and business customers to make easy, low-cost multi-currency payments.
Last week was a record for the year, with turnover at levels not seen since last July, and Strafford-Taylor says it was due to a “combination of factors” including a stronger pound and the upcoming half term.
Also covered is the ahead-of-schedule launch of the full-service FairFX mobile app with the chief executive saying he thinks FairFX will see benefits in customer take-up and for existing customers using the product.
“For acquiring new customers and for making the lives easier of all our existing customers it is a major step forward,” he says, adding that the IT team is “super-efficient in terms of getting things out on time”.