Equals Group plc
EQLS.L
London Stock Exchange139.50
GBp
- -
- -
Equals Group plc
EQLS.L
(London Stock Exchange)
Recent
price
139.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Equals Group plc is a UK-based payments technology company that provides integrated financial platforms for businesses and consumers, specializing in international foreign exchange transactions, multi-currency accounts, prepaid cards, expense management, and current accounts. Founded in 2005 and headquartered at Third Floor, Thames House, Vintners Place, 68 Upper Thames Street, London EC4V 3BJ, the company operates under an e-money licence and serves small and medium-sized enterprises, large corporates, financial institutions, high-net-worth individuals, and retail customers across the UK and Europe. Its core brands and products include Equals Money, a platform for SMEs offering Spend and Pay solutions for just-in-time expenditures via domestic and international payments, cards, and Faster Payments; Equals Money Solutions, an enterprise-scale platform for complex corporate payments including API integrations and white-label services; Equals Connect, a white-label platform for smaller foreign exchange providers; FairFX, a travel-focused multi-currency card and international payment product; CardOneMoney, a UK-centric solution for small businesses and individuals handling payments, direct debits, and cards through dedicated accounts; and Roqqett, an open banking payment platform for merchants and consumers; all interconnected through direct links to payment networks like SWIFT, SEPA, BACS, and Bank of England's Faster Payments. The company targets B2B segments predominantly, with 82% of revenues from business customers in recent periods, and extends operations via subsidiaries including Equals Money Europe S.A. (formerly Oonex S.A.) in Brussels for continental European expansion. Recent strategic developments include the acquisition of Roqqett Ltd in January 2023 for open banking capabilities; Hamer and Hamer Ltd in April 2023 to bolster SME international payments; Oonex S.A. in July 2023, renamed Equals Money Europe, enhancing regulatory access and IBAN services in Europe; achievement of ISO/IEC 27001 certification in December 2023 for information security; declaration of maiden dividends totaling 1.5 pence per share in 2023; and, most significantly, completion of a £283 million recommended cash acquisition by Alakazam Holdings Bidco Limited on 14 April 2025, led by a consortium of TowerBrook Capital Partners, J.C. Flowers & Co, and Railsr shareholders, resulting in delisting from AIM on 15 April 2025 and transition to private ownership to accelerate growth in fintech payments.