#VELA investee co. #CSFS Cornerstone FS – Final Results, Annual Report & AGM Notice May 8, 2024 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS) (trading as Finseta), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to announce its audited final results for the year ended 31 December 2023. In addition, the Company gives notices of its annual general meeting (“AGM”) and the publication of its annual report and accounts.   Financial Highlights ·    Revenue increased 100% to £9.6m (2022: £4.8m) ·   …

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Vela Technologies #VELA – Investee Co Cornerstone FS #CSFS Grant and Cancellation of Options; PDMR Dealings November 17, 2023 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announces the grant of options over ordinary shares of 1 penny each in the Company (“Ordinary Shares”) and the cancellation of certain existing options over Ordinary Shares. This includes the grant of options to, and cancellation of options held by, Executive Directors and PDMRs of the Company.  Grant of Options The…

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#VELA TECHNOLOGIES PLC – INVESTEE CO. CORNERSTONE #CSFS – COMPLETION OF SALE OF AVILA HOUSE LTD. April 27, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to announce the completion of the sale of Avila House Ltd. (“Avila”) to Aspire Commerce Ltd. (“Aspire”) following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with the terms of the share purchase agreement, the Company has now received £300,000 in cash in…

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#VELA TECHNOLOGIES PLC – INVESTEE CO. #CSFS CORNERSTONE – TRADING UPDATE April 19, 2023 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to provide the following unauditedupdate on trading for the first quarter to 31 March 2023. As noted in the trading update announcement on 11 January 2023, the Group experienced strong trading momentum through FY 2022 and expects to report total revenue for the year ended 31 December 2022 of approximately £4.8m. This momentum increased in Q1 2023…

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#VELA Vela Technologies Plc investee co. #CSFS Cornerstone FS Plc – Trading Update – Ahead of Expectations January 11, 2023 – Posted in: Vela Technologies Plc (VELA)

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 and expected total revenue for 2022 of £4.3m. The Group is pleased to report that this…

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#VELA Vela Technologies plc – Investee Company #CSFS Cornerstone FS Plc – Trading Update November 17, 2022 – Posted in: Vela Technologies Plc (VELA)

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.   As noted in the interim results announcement, the Group entered the second half of the year with strong trading momentum and Cornerstone is pleased to report that this has been sustained through the period. As a result, the Group expects to report total revenue…

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Vela Technologies #VELA – Cornerstone #CSFS – Directorate Changes October 11, 2022 – Posted in: Vela Technologies Plc (VELA)

  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, aged 52, has over 30 years’ experience in CFO and…

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