FAIRFX, a leading low cost multi-currency payments provider, is pleased to announce the admission today (5th Aug 2014) of its ordinary shares to trading on the AIM market of the London Stock Exchange and the commencement of dealings in its ordinary shares.

https://www.fairfx.com/

StockMarketWire.com
Payments group FairFX said annual turnover more than doubled led by strong performance in its International Payments.

Full year turnover rose 111% to £2.3bn, in line with management expectations. Excluding the contribution from acquisitions of CardOne Banking in August 2017 and City Forex in February 2018, turnover was up 22%.

International Payments were up 134% and Prepaid Cards up 8%.

The company expected to report adjusted earnings (EBITDA) of approximately £7.5m.

'The board is pleased to confirm, however, it expects 2019 to be another year of significant growth,' FairFX said.

Harrycat I have a some of these can’t believe how much they are down

I used to hold FFX but sold out a while ago, just because I had a decent profit.
I keep watching and think I should really get back in, but as you say, the sp continually drifts, even with good news.
I don't have an answer why, except that the whole banking sector seems to be out of favour at the moment.
I still think this is a well run company with lots of potential to expand. I have a € card with them (their exchange rate is pretty good) and will continue to watch the sp for a decent entry point. Not sure when that will be though!

What is happening with this share .....

FairFX granted settlement accounts at Bank of England, Gains direct access to Faster Payments Scheme
FairFX, the e-banking and international payments group, announces that, through its subsidiary Spectrum Payment Services ("SPS"), it has been granted settlement accounts with the Bank of England and, in turn, has become a Direct Participant of the UK Faster Payments Scheme ("FPS").

FPS is one the fastest growing UK payment systems and the only real-time 24/7 service that is in increasing demand from personal and business customers using both desktop and mobile applications.

The Company's direct connection to FPS has been enabled by the New Access Model that extended access to Real Time Gross Settlement ("RTGS") accounts held at the Bank of England, as part of a wide-ranging effort to inject more competition and innovation into the UK's payments systems.

FairFX is only the fourth non-Bank to become a directly connected and directly settling member of FPS.

Furthermore, with access to RTGS accounts, FairFX is now eligible to join other UK Payment Schemes such as BACS and CHAPS. Alongside this development, FairFX will own its sort code, which, in conjunction with its SWIFT membership, means it can now create IBANs for customers with no other financial institution involved in the process. This will benefit the Company through enhanced economics via reduced cost per transaction coupled with enhanced customer acquisition and retention via instant payments which will vastly enhance the user experience and satisfaction.