Cornerstone FS PLC (AIM:CSFS) said revenue for the year ending 31 December 2021 is expected to be significantly ahead of last year.
The cloud-based provider of international payment, currency risk management and electronic account services attributed the rise to its expanding direct client base, which now makes up the majority of group revenue.
READ: Cornerstone FS gets FCA approval to become an authorised e-money institution
Trading was also boosted by the contribution of its new Asia team, which came on board in August.
The AIM-listed group saw improved gross margins in the first half and experienced increased trading momentum during the first nine months of 2021, which has been sustained into the fourth quarter of the year.