Founded in 2007, Equals Group listed on AIM in 2014 and currently employs around 285 staff across sites in London and Chester.
Equals Group plc
Fintech payments group Equals has announced an update on trading for the period from 1 July 2022 to 5 September 2022 (Q3-2022).
Equals Group announces a record breaking six months of trading with revenues up 84% at £31.3 million.
Tom Kiddle joins Equals from rival WorldFirst, where he was Head of Dealing EMEA and later Country Manager UK.
Equals Group says Q3 2021 is already a record quarter with 14 business days remaining, with revenues up 58% from a year earlier.
This capability is intended to become part of a wider strategy which would include crypto and decentralised finance (DeFi) for Equals.
The retail card product was further negatively impacted by the wind-down of Wirecard and migration of the Group’s card infrastructure.
Equals will bolster HomeSend activities in the UK, further enabling customers to send money to UK bank accounts in real time.
The international payments business of Effective FX consists of upwards of 200 corporate clients from a wide range of industries.
This change is part of an orderly transition of a wider succession plan, which saw Alan Hughes replace John Pearson as Chairman in June 2020.