PSI-Pay Ltd announces its best financial year to date for 2015
Wednesday, 02 March 2016 - PSI-Pay Ltd, one of the UK’s leading regulated FinTech companies, is pleased to announce that 2015 has been its best year ever.
PSI now has now completed its strategic overhaul, has forged some new, more robust, supplier relationships and have invested further in its technological capabilities with an emphasis on greater security.
For 2015, business volumes increased by 29%, income revenue up by 45% and pre-tax profits up by 5.5%. This announcement comes a year after PSI-Pay announced a 15% revenue increase and 43% gross profit for 2014.
Phil Davies, Managing Director said; “It has been a concerted team effort and demonstrates the calibre of staff we now have, my thanks to all concerned. The main drivers for this growth have been our professional promotional campaigns including the successful launch of our affiliate program, the launch of some exciting new products and our expansion into additional countries.
I am particularly pleased with the growth in our payment card program sponsorships where our unique business model has proven to be highly successful and we will be publishing some high profile case studies very soon. I am pleased to say that the early signs are that 2016 will also be another ground-breaking year for PSI-Pay.”
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Notes to editor
Phil Davies is available for interviews and speaking opportunities. For all press enquiries contact Nicola Cooper, Media Services Manager on +44(0)1403 788 336 or email firstname.lastname@example.org.
About PSI-Pay Ltd
Globally renowned for our secure, online digital account (ecoPayz), PSI-Pay Ltd is an FCA regulated company that provides a rapid, secure and private means for individuals and businesses to make payment transactions globally.
PSI-Pay Ltd is authorised by the FCA under EU electronic money regulations 2011 (register reference 900011) for the issuing of electronic money.
PSI-Pay Ltd is also a Principle Member of MasterCard® offering bespoke virtual and physical card programs for companies and individuals worldwide. These include corporate expense management and remote staff payment schemes that utilise PSI-Pay’s self-card and account issuing facilities.
MasterCard is a registered trademark of MasterCard® International Incorporated.