Moneycorp reports revenue and EBITDA growth in 2024
London, UK – 25 June 2025 – Moneycorp, a leading cross-border payments and foreign exchange business with licences across the globe, has published its results for the full year 2024.
Despite a challenging macroeconomic environment shaped by geopolitical tensions, evolving trade dynamics, and market volatility, Moneycorp delivered another year of strong performance and strategic progress.
Commenting on the full year results, Velizar Tarashev, Chief Executive Officer at Moneycorp, said:
"2024 has been a year of continued momentum and progress for Moneycorp. Against a backdrop of global uncertainty, our strategy remained clear and focused: delivering value for clients, driving operational excellence and building resilience across the Group. We have shown that, even in dynamic market conditions, we can generate growth, achieve strong results, and strengthen trust with both clients and regulators."
Group financial highlights:
- Financial performance: The Group reported revenue of £231 million and EBITDA of £80 million, both reflecting year-on-year growth of 7% on a constant currency basis, 5% on a reported basis.
- Trading volume growth: Total trading volume reached £79 billion, a 12% increase from 2023.
- International expansion: A significant step in Moneycorp’s US growth strategy was achieved with the conditional charter approval to establish a US Bank in Connecticut.
- Talent and culture: The Group strengthened its leadership capabilities and saw measurable improvements in employee engagement.
- Customer satisfaction: A Net Promoter Score (NPS) of +72 highlights Moneycorp’s commitment to service excellence and client-centricity.
|
| 2024 | 2023 | Growth (reported) |
| Trading volume (flow) | £79bn | £70bn | 12% |
| Revenue | £231m | 221m | 5% |
| EBITDA | £80m | £76m | 5% |
Click here to the full report.
About Moneycorp
Moneycorp is a leading global payments and foreign exchange provider, with over 45 years of market experience and cumulative industry knowledge.
With two banking licenses and operations across the entire value chain of the international payments and foreign exchange sectors, we enable businesses, institutions, and individuals to thrive beyond borders.
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Moneycorp is a trading name of TTT Moneycorp Limited, a company registered in England under registration number 738837. Its registered office address is at Floor 5, Zig Zag Building, 70 Victoria Street, London SW1E 6SQ and it is VAT registration number is 897 3934 54. TTT Moneycorp Limited is authorised by the Financial Conduct Authority under the Payment Service Regulation 2017 (firm reference number 308919) for the provision of payment services.
Moneycorp FRM is a trading name of Moneycorp Financial Risk Management Limited which is authorised and regulated by the Financial Conduct Authority for the provision of designated investment business (firm reference number 452443).
Travel money services are provided by Moneycorp CFX Limited. Moneycorp CFX limited is a company registered in England under registration number 4780562. It is registered office address is at Floor 5, Zig Zag Building , 70 Victoria Street, London, SW1E 6SQ and its VAT registration number is 897 393454.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Explorer™️ Card is issued by Prepay Technologies Ltd (PPS), with its registered office at Floor 6, 3 Sheldon Square, London W2 6HY UK. PPS is authorised and regulated by the UK Financial Conduct Authority for the issuance of e-money with firm reference number 900010.
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