#VELA investee co. #CSFS Cornerstone FS PLC – Interim Results September 12, 2023 – Posted in: Blog, 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, is pleased to announce its unaudited interim results for the six months ended 30 June 2023.   Financial Highlights ·    Revenue increased by 90% to £3.6m (H1 2022: £1.9m) through the continued expansion of the Group’s payments capabilities and offering, and on-going investment in the sales function ·    Gross margin broadly…

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