Finseta CEO discusses 40% H1 revenue growth following strategic shift

Proactive - Interviews for investors

Finseta plc (AIM:FIN) CEO James Hickman takes Proactive's Stephen Gunnion through the company’s strong financial performance for H1 2024, marking a 40% revenue increase after exiting its white-label business. Hickman emphasised that Finseta’s direct-to-market strategy boosted margins to 65.7%, highlighting its scalability and cost-efficiency. He also discussed the significant 29% rise in average transaction value, which came from the company's strategic focus on deepening customer relationships through exceptional service. Additionally, Hickman provided updates on Finseta’s regulatory approval in Canada and the upcoming Mastercard product launch, expected by the end of September 2024. Finseta has also expanded its currency capabilities from 58 to over 140, positioning the company for further geographic and product expansion. “We're confident with our expectations for the full year,” Hickman stated, noting that the momentum from the first half has continued into H2. For more videos, be sure to visit Proactive's YouTube channel. Don't forget to give this video a like, subscribe to the channel, and enable notifications for future updates. #Finseta #FintechGrowth #RevenueIncrease #H12024Results #JamesHickman #PaymentSolutions #MastercardLaunch #GeographicExpansion #BusinessStrategy #ProactiveInvestors #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews