Jason Drummond, Founder and Executive Chairman
Market capitalisation of the Company at admission £30.5 million.
In August 2014, FairFX Group PLC, a leading international payments and travel currency provider, successfully completed its Initial Public Offering (IPO) on the AIM market of the London Stock Exchange. The IPO raised £2.6 million, valuing the company at approximately £15 million at the time of listing. FairFX intended to utilize the proceeds to accelerate its growth strategy, enhance its technology platform, and expand its customer base. The listing was a significant milestone, enabling FairFX to increase its market presence and capitalize on the growing demand for cost-effective international payment solutions. The IPO marked the beginning of a new phase of development and market penetration for the company.