5th Jul 2016 09:08
LONDON (Alliance News) - TechFinancials Inc on Tuesday said trading has been in line with market expectations, and it has seen continued momentum in demand for its services.
The company, which provides technology to financial trading brokers, said both its business-to-business and business-to-consumer divisions have been performing well in 2016, and trading overall is in line with market expectations.
Chairman Christopher Bell, in a statement to the company's annual general meeting, said the company's B2B business has gained momentum and has signed five software contracts in the last five months, amid a general increase in demand for its services.
The B2C unit, meanwhile, is "back on track" following a difficult 2015, Bell said.
TechFinancials shares were up 13% to 12.4 pence Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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