‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Paypoint starts £20m share buyback scheme after profit jumps Business Paypoint announced plans to start a three year buyback programme reflecting the "strong cash generative nature of the Group" as well as confidence in the firm's continued growth prospects in the years to come.
Lloyds set to become main payments processor for Paypoint as bank expands small business footprint Banking Lloyds is set to become the main processor of card payments for Paypoint's 60,000-strong network of small businesses and retailers.
Apology after postal strikes meant just 16 per cent of energy vouchers redeemed Delivering chaos Royal Mail has apologised after just 16 per cent of energy bill support scheme (EBSS) vouchers were delivered by post this December. The company which has been crippled by strikes this month said sorry after cold Brits were left in the lurch, unable to get hold of energy metre vouchers. Vouchers are claimed by customers [...]
Christmas voucher firm Appreciate Group to be snapped up by PayPoint for £83m November 7, 2022 Christmas voucher firm Appreciate Group has been snapped up by PayPoint for £83m, with he firm’s shares jumping 50 per cent. PayPoint is offering each share at 44 pence each meaning the deal would reach around £83m. Shareholders of the company, which offers payments at 28,000 convenience stores across the country, while Appreciate Group stakeholders [...]
Paypoint posts jump in revenues to £29.9m in first quarter July 20, 2022 PayPoint boss Nick Wiles said the firm was building on “strong momentum” today as the payments firm reported a jump in revenues to £29.9m for the first quarter.
Paypoint signs deal to sell Romanian division for £47m October 21, 2020 Paypoint has inked a deal to sell its Romanian division to Innova Capital for £47m, as the payments operator seeks to streamline its UK business in the wake of the pandemic. In a notice to the stock exchange, the London-listed firm said it had reached an agreement with Innova to offload Paypoint Services and Payzone, [...]
Monzo teams up with Paypoint to allow users to deposit cash in shops November 21, 2018 Digital bank Monzo has today announced a strategic partnership with Paypoint, enabling its users to deposit cash into their Monzo account at any of Paypoint's 28,000-strong network of corner shops and local stores across the UK. Deposits can range from £5 to £300, with a fee of £1 per deposit and a cap of £1,000 every [...]
Paypoint picks up more delivery work while mobile top-ups drop November 21, 2013 PAYMENT system Paypoint posted a rise in half-year revenues and profits yesterday as its parcel delivery venture Collect+ became profitable. Paypoint said revenues rose 0.4 per cent to £102.2m while pre-tax profits jumped 16.6 per cent to £21.3m. However, the firm said some of the gains in the first half were caused by moving some [...]