24th January 2023 :ISX Financial EU Plc (“ISXPlc”) is pleased to present its Q4 Update for the year 2022.
Some key highlights:
Profit after tax (unaudited) for the year 2022 was €4.1m, increased by 206% compared to the prior year.
Cash at bank increased by circa €1m, even taking into account investment of A$1.6m into NSX, and early repayment of the convertible note of A$2.3m (€1.5m).
Our 2022 focus has been in growing open banking revenues from new and existing clients. During 4Q22 open banking volume of €134.4m increased by 103% compared to 3Q22, and increased by 600% compared to the same quarter of prior year.
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Group operating subsidiaries include ISX Financial UK Ltd, ISX Financial EU PLC (CY), Probanx Solutions Ltd (CY) & UAB Probanx Solutions (LT), UAB Authenticator (LT), ISX Technologies Inc (USA). ISX Financial UK Ltd, trading as Flykk, ISX Money and ISXPay, is a FCA UK Authorised eMoney Institution FRN 901034. ISX Financial EU PLC, trading as Flykk, ISX Money and ISXPay, is authorised by the Central Bank of Cyprus # 126.96.36.199 as an E.E.A Authorised eMoney Institution and UK FCA FRN 900871 .
℗ Patent applications pending/granted in Africa, Australia, Asia, The Americas, Europe and Oceania. ISX Financial®, ISXPay®, Probanx®, Flykk® & Paydentity™ are registered trademarks of ISX IP Ltd.