FAIRFX Group PLC Result of AGM (3685Q)

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RNS Number : 3685Q

FAIRFX Group PLC

05 June 2018

5 June 2018

FairFX Group plc

("FairFX" or "the Group" or "the Company")

Result of AGM

FairFX, the e-banking and payments group, is pleased to announce that at its Annual General Meeting ("AGM") held earlier today, Tuesday 5 June 2018, all resolutions were duly passed.

-Ends-

Contact:

 
 FairFX Group plc 
  Ian Strafford-Taylor, CEO        +44 (0) 20 7778 9308 
 Cenkos Securities plc 
  Max Hartley/Callum Davidson      +44 (0) 20 7397 8900 
 Yellow Jersey 
  Charles Goodwin                  +44 (0) 7747 788 221 
  Katie Bairsto                    +44 (0) 7946 424 651 
  Abena Affum                      +44 (0) 7555 159 808

About FairFX

FairFX is a leading challenger brand in banking and payments that disintermediates the incumbent banks with a superior user experience and low-cost operating model. This enables personal and business customers to make easy, low-cost multi-currency payments in a broad range of currencies and across a range of FX products all via one integrated system. The FairFX platform facilitates payments either direct to Bank Accounts or at 30 million merchants and over 1 million ATM's in a broad range of countries globally via Mobile apps, the Internet, SMS, wire transfer and MasterCard/VISA debit cards.

FairFX provides banking and payment services to both personal and business customers through four channels: Currency Cards, Physical Currency, International Payments and Bank Accounts. The Currency Card and Physical Currency offerings facilitate multiple overseas payments at points of sale and ATM's whereas the International Payments channel supports wire transfer foreign exchange transactions direct to Bank Accounts. For Corporates, FairFX has a market-leading business-expenses solution based around its corporate prepaid platform and card that can yield significant savings on a Corporate's procurement through better controls and improved transparency and also streamline the procurement process thus saving administrative costs. Through the recent acquisition of CardOneBanking, FairFX now has the capability to offer retail and business Bank Accounts with all the functionality you would expect from a Bank, namely faster payments, BACs, direct debits, international payments and a debit card.

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