Earthport Share Discussion Threads

[madmonkflin] 21/3/2017 09:27

Is that cut talking cap again

[madmonkflin] 21/3/2017 08:06

Yes on cash, would have been better if said more about the why will be missed. Can't keep spending cash to get business if no return for shareholders. And transaction revenue keeps coming down.

[chadders] 21/3/2017 07:40

Good stuff especially the cash position, lower admin, reduced cash burn, record numbers and increasing monthly transactions to continue. Disappointed breakeven cash flow Q4 17 will be missed.

[isaready] 17/3/2017 10:06

EPO could do with signing this one up.


Currencycloud, a cross-border payment platform, has announced the closure of a £20m Series D round from investors including GV (formerly Google Ventures).
The company also received funding from existing investors Notional Capital, Sapphire Ventures, Rakuten FinTech Fund and Anthemis.
London-based Currencycloud, founded in 2012, provides APIs for businesses using cross-border financial transactions and claims its services are being used by more than 200 customers in 35 countries.

SoftBank to sell 25% of UK-founded tech giant Arm
Mike Laven, Currencycloud’s CEO, said the firm had seen “massive and increasing demand” for cross-border transaction services in recent years, with “volumes growing 150% last year”.
“As a reflection of the continued confidence in the company,” he added, “existing investors also substantially increased their investment”.
The firm will use the new investment to fund growth and expand across the globe.

Tom Hulme, general partner of GV, said he believes in “empowering developers by making it easier for them to add scalable services to their products, ideally with simple APIs”.
“Currencycloud is the leader in providing cross-border payment services in this manner, a real need as companies globalize,” he added.
Currencycloud claims to work with Swedish e-commerce company Klarna, and foreign exchange service Travelex. It also claims $25bn (£20.6m) worth of payments have been made through its platform in the past five years.

[andrewsmith3] 16/3/2017 09:41

Not sure what SilkStag finds amusing. I get it, she revels in other peoples misfortunes. A sign of personal bitterness. Terrible beast.

Caradog, interesting, maybe they want to sell moneygram as its business is changing with the likes of transferwise, world remit taking market share?

[isaready] 15/3/2017 09:33

Sector may well start seeing some consolidation.

[caradog] 14/3/2017 23:26

Euronet, owners of Ria have outbid Alibaba for Moneygram:

[silkstag] 14/3/2017 18:40

Amused by RNS today admitting too much cash thrown in bin so net assets fallen below half of NOMINAL share capital ie below half of value at 10p a share. Nice. Still fibbing about imminent disaster funding round imho. Dyor

[andrewsmith3] 13/3/2017 11:18

Till what? SilkStag goes and wipe her bum.

[madmonkflin] 12/3/2017 11:22

9 days to go....

[isaready] 11/3/2017 21:05

Silkstag,

Personal hatred does suit you.

[silkstag] 10/3/2017 17:54

Same management lies naturally provoke the same refutations imho.

[isaready] 09/3/2017 15:50

Andrew she don't care

[paulypilot] 09/3/2017 00:14

Almost 20 years, this junk has carried on for!

Amazing! New numpties roll up every now & then.

PP.

[isaready] 08/3/2017 22:19

wild swings means wild rises coming.

[chadders] 08/3/2017 13:59

Never under estimate the power of management incentives which only kick in a 45p.

[napoleon 14th] 08/3/2017 11:57

I'm recently in.
As the saying goes: "Let the trend be your friend".
Nice trend here, & sour grapes pig's ear SS filtered.

[isaready] 07/3/2017 12:31

silkstag,

where was the disaster fund raising you mentioned a year ago?

[silkstag] 07/3/2017 10:45

My forecast analyst presentation summary:
"We downgrade our breakeven forecast to the usual £8m loss for fy17. We did not lie again. This is somehow great news due to a subtle strategy change to lose more money than we told you. As a further boost there will be more dilution to fund these extra losses. But it is all great."
Same old same old. imho. dyor