LONDON (ShareCast) - (ShareCast News) - Low-cost currency provider and fintech company FairFX announced on Monday that it delivered a record week in terms of KPIs during the final stages of the EU referendum, with revenue up 30% on the previous record week achieved in July 2015 and up over 50% on the same week in June 2015.
The AIM-traded firm said against the background of record volumes, FairFX's platform and IT systems remained fully operational throughout the last few days of the referendum when some of its peers did not accept business, which its board said underlined the robustness and scalability of its systems and processes.

FairFX said it has also experienced an exceptionally busy period throughout June, and as such is cautiously optimistic about the immediate prospects for trading volumes.

"I am immensely proud of what we achieved last week during the busiest period in our history," said FairFX CEO Ian Strafford-Taylor.

"Our infrastructure enabled us to carry on providing our services to customers through the whole process, whilst we also had people in place 24/7 to constantly update our rates and ensure minimal FX risk.

"To come through this period with a record week only goes to emphasise how resilient and scalable our business model has become," he added.

The company said it will update the market further with a trading statement in July.

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