Finseta is increasing its focus on corporate payments as it looks to scale its digital account platform across the UK and international markets.
Revenue for 2025 rose 9% to £12.4 million, but the more significant change was in the mix of the business. Corporate sales increased 54% to £7.1 million and accounted for around 57% of group revenue. Management is directing product development, sales and marketing towards business customers, while the high-net-worth side of the group is expected to remain broadly stable. The strategy is centred on building a larger base of repeat corporate revenue rather than relying more heavily on less predictable transactional activity.
Finseta’s corporate platform is designed for businesses with more complex payment and account requirements. Companies can set up multiple approval levels, assign different permissions to finance staff and create dedicated IBANs beneath a main account structure. This can simplify payment controls and reconciliation while allowing customers to retain their existing internal procedures.
The platform also supports mass payments and foreign exchange, and management said it is increasingly attracting larger companies alongside small and medium-sized businesses.
Finseta spent 2025 investing in the infrastructure required to support further growth. This included expanding its Dubai operation, developing its product offering and strengthening processes and procedures in the UK.
Agency banking has become an important part of the platform. Finseta has established an agency banking arrangement with Barclays and added ClearBank to provide additional redundancy. These relationships allow the company to offer dedicated account infrastructure and connect customers to local payment rails, supporting greater speed, flexibility and control.
Dubai is becoming a larger part of the group. Finseta now has a team of around 15 to 16 people in the region, with property-related activity representing approximately 30% of local revenue. One area of differentiation is the ability to provide manager’s cheques for property completions.
Management expects overseas operations to account for around 35% to 40% of revenue in 2026, with Dubai expected to contribute the majority. The regulatory and banking requirements needed to operate in the region are viewed as barriers to entry that could support Finseta’s competitive position as it expands.
Canada remains a smaller part of the business, but Finseta’s licence there allows the company to explore services linked to stablecoins and digital assets. Management said customer demand for stablecoin functionality is increasing and the company is assessing how this could be incorporated into the wider platform.
Customer acquisition remains mainly partnership-led, and management expects that approach to continue over the next two to three years. Direct activity will also continue, primarily through relationship-based channels such as exhibitions and seminars.
Finseta Plc (LON:FIN), formerly Cornerstone FS PLC, is a United Kingdom-based foreignexchange and payments company offering multi-currency accounts and payment solutions to businesses and individuals through its global payments network.
