Our strategy is to grow our revenues and profits through the wider use of our platforms in both B2B and B2C market segments. Additionally we have been successful in acquiring smaller competitors in our sector where we can achieve cost synergies and product cross-sells to ensure that acquisitions are accretive for shareholders.
There are three legs to our strategy:
Grow our revenues and profits through acquiring more corporate and retail customers and by delivering more products to them;
Make bolt-on acquisitions to reduce competition and to drive cost synergies and revenue cross-selling
Vertical integration through the supply chain to participate in the wider payments sector, allowing us to offer and faster and less friction in the payments and fx businesses.
Our ambition is to become the leading independent payments company of choice for SME’s and the professionally prosperous.
As a business we work to apply the highest industry standards for legal and regulatory compliance. We are authorised by the FCA, regulated by HMRC, and we have Tier-1 bank grade functionality with the Bank of England and direct connectivity with the UK payments network. The Group has a compliance department staffed with industry professionals.
We adhere to some of the strictest financial regulations in the industry. Relevant staff receive a full compliance induction, regular compliance related training and several active working groups and councils across the group ensure standards are kept up to date. The Group has both Risk and Compliance departments, which are able to speak directly to the Chairman if the head of those departments feels is necessary - we regard this as essential as an independent control for the protection of customers and other stakeholders.