FAIRFX Group PLC Annual Report and Accounts and Notice of AGM (0610A)

TIDMFFX

RNS Number : 0610A

FAIRFX Group PLC

24 May 2019

FairFX Group plc

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

Annual Report and Accounts and Notice of AGM

FairFX, the e-banking and international payments group, announces that is has published its Annual Report and Accounts for the year ended 31 December 2018, which are available to view on the Company's corporate website at www.fairfxplc.com. The Annual Report and Accounts and Notice of the Company's Annual General Meeting to be held at the offices of Browne Jacobson LLP, 6 Bevis Marks, London EC3A 7BA on Monday 17 June 2019 at 12.30pm, have been posted to shareholders.

For further information, please 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 
 Nick Searle 
 
  Canaccord Genuity 
  Bobbie Hilliam / David Tyrrell 
  Alex Aylen                          +44 (0)20 7523 8150 
 
  Yellow Jersey PR 
  Charles Goodwin 
  Joe Burgess                         +44 (0) 7747 788 221 
  Annabel Atkins                      +44 (0) 7769 325 254

About FairFX Group

FairFX is a leading challenger brand in banking and payments that disintermediates the incumbent banks with a superior customer experience (CX) and low-cost operating model. Our business enables personal and business customers to make easy, low-cost payments both domestically and in a broad range of currencies and across a range of products all via one integrated system. The FairFX platform facilitates payments either direct to Bank Accounts or at 35 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 money movement 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 platform and prepaid card. This service can yield significant savings on a Corporate's expenses and procurement both domestically and overseas, through better controls and improved transparency. The platform also streamlines the downstream administrative processes and integrates into accounting software, thus saving costs. FairFX offers 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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