Full Year 2022 and Q1 2023 Trading Update
Global cross-border payments business delivers another year of strong growth. Further demonstration of Moneycorp’s track record as investment in the platform delivers returns.
Global cross-border payments business delivers another year of strong growth. Further demonstration of Moneycorp’s track record as investment in the platform delivers returns.
London, UK, 1 June 2023 – Moneycorp, one of the world’s leading cross-border payments businesses, today publishes its results for the full year 2022 and provides a trading update for the three months ended 31 March 2023.
Mark Horgan, Chief Executive Officer said:
* Trading volumes represent flow measured as single leg transaction volume
** FY2021 results have been restated following the Group adoption of IFRS for management accounting purposes during the year
* Trading volumes represent flow measured as single leg transaction volume
** Q1 2022 results have been restated following the Group adoption of IFRS for management accounting purposes during the year
Whilst the economic outlook remains uncertain, we are confident for the year ahead as Moneycorp expands its reach in its core markets. Moneycorp’s strong and resilient business model and extensive regulatory credentials, underpinned by over 40 years experience in the international currency and payments market, continues to be a differentiator for our clients. Our people, technology and platform will continue to perform well, driving strong financial results, meeting strategic milestones and complying with regulatory expectations.
About Moneycorp
Moneycorp is a world-leading cross-border payments business, recognised for its personalised service, smart technology, regulatory excellence, and its all-in-one payments ecosystem. Truly embodying our brand’s distinctive logo, the North Star, we help our clients navigate the complex global payments market.
We have a presence in the United Kingdom, North America, Europe, Brazil, Hong Kong, and UAE offering a full suite of payment solutions in over 120 currencies. Further, our payment experts provide hard-to-replicate proficiency, alleviating the stress associated with navigating the complex global payments market. All in all, we are committed to innovation and building meaningful relationships.
Through our technological advancements, we have engineered an intuitive payments ecosystem allowing us to expand our services to meet ever-evolving customer needs. Whether our clients need to simply send money across borders or create a sophisticated risk management plan, we have the tools necessary to create the customised solution our clients need.
For further details contact:
Brunswick Group
+44 207 404 5959
moneycorp@brunswickgroup.com