TechFinancials confirms plans to 'streamline' future activities
16th Oct 2020 13:43
(Sharecast News) - Fintech software provider TechFinancials updated the market on its current investing activities on Friday, announcing a review of its future investing involvement in the technology sector.
Read moreTechFinancials narrows interim losses despite weaker revenues
15th Aug 2019 09:48
(Sharecast News) - Fintech software provider TechFinancials narrowed interim pre-tax losses in the six months ended 30 June despite witnessing a drop in first-half revenues.
Read moreTechFinancials slides as trading platform revenues dive by 70%
18th Jun 2019 13:29
(Sharecast News) - TechFinancials' shares plummeted on Tuesday after the company swung to an annual loss as revenue from its trading platform dropped by 70%.
Read moreTechFinancials reaches agreement to sell MarketFinancials
16th Jan 2019 11:04
(Sharecast News) - Fintech software provider TechFinancials said on Wednesday that, further to its announcement on 1 March, it has entered into legally binding, conditional share purchase agreement with Cyprus-incorporated Proverial to sell its holdings in MarketFinancials.
Read moreTechFinancials to develop blockchain ticketing platform with Footies Tech
30th Oct 2018 07:55
(Sharecast News) - Fintech software company TechFinancials has entered into non-binding heads of terms with Footies Tech, a blockchain-based ticketing platform for sports venues and teams, to establish a new company subsidiary 'NewCo', it announced on Tuesday.
Read moreTechFinancials warns on profits as largest client leaves
7th Feb 2017 13:32
(ShareCast News) - Although it lifted profit guidance for last year, TechFinancials Inc has suspended its dividend as it warned that 2017 earnings would be hit as its largest software licensee Richfield Capital plans to leave. The AIM-listed company said it now expects to exceed market expectations
Read moreTechFinancials reports higher sales as benefits of options JV kick-in
12th Sep 2016 09:53
(ShareCast News) - Techfinancials reported a strong rise in revenues as the company launched its binary options joint-venture at the start of the period. The financial technology outfit reported a 34% jump in sales for the six months to 30 June to reach $9.86m, which saw profits before tax improve t
Read moreTechFinancials bounces on upbeat trading update
3rd Aug 2016 09:40
(ShareCast News) - TechFinancials, the technology provider to financial trading brokers, said operating profits had increased by more than three quarters in the first half of the year as its business division continued to perform strongly and its consumer initiatives began to bear fruit. Revenue inc
Read moreTechFinancials terminates joint venture over alleged breach of terms
27th Jul 2016 15:27
(ShareCast News) - Financial trading technology provider TechFinancials announced on Wednesday that after entering into a joint venture agreement with IBID Holdings to manage one of the company's B2C binary options trading brands in February, it is terminating the agreement due to what it says is a
Read moreTechFinancials opening Hong Kong office
29th Feb 2016 12:26
(ShareCast News) - TechFinancials affirmed its commitment to the Asia Pacific market on Monday, announcing the opening of a new sales office in Hong Kong. The AIM-traded software developer of online trading solutions said the opening followed its announcement on 5 January, regarding the completion o
Read moreTechFinancials forms trading platform joint venture
3rd Feb 2016 11:29
(ShareCast News) - TechFinancials was eagerly looking at an expansion of one of its trading platforms on Wednesday, announcing a joint venture with Hong Kong-based IBID Holdings. The AIM-traded developer of software for online brokers described IBID as a company specialising in the development of hi
Read moreTechfinancials leaps on Hong Kong binary options joint venture
21st Oct 2015 10:55
(ShareCast News) - Broking software developer TechFinancials has sealed a deal to supply Hong Kong-based firm with the means to run a retail-focused binary options trading platform focused on the Asia Pacific region. The group, which floated on AIM in March, has entered into a joint venture with the
Read moreTechFinancials plunges after profit warning
21st Aug 2015 08:11
(ShareCast News) - Shares in software developer TechFinancials lost almost a third of their value after the company issued a profit warning. At 0814 BST shares in the AIM listed company were down by 28.57% to 20p after the company said it would not meet the market's profit and revenue expectations f
Read morePlus500 suspended after shares hit by US hedge fund Cable Car Capital's short position
22nd May 2015 09:42
Shares in online retail-focused broker Plus500 were suspended on Friday after falling by more than a third on the day and around 70% over the week due to speculation about regulatory issues and after several major short positions came to light. Shares in Plus500 were down by 37% by 10:00 BST, with s
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