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Interpolitan Money Plc - Annual Report & Financial Statement highlights for the year ending 2021

Interpolitan Money


As we speed towards Q4, we wanted to reflect on some great 2021 end-of-year numbers. We have prepared a snapshot of the key highlights that surpassed our initial expectations for the financial year and the continued growth of Interpolitan Money.


2021 was a challenging year for all and one that businesses truly started to adapt and evolve following two years of the global pandemic, one of the most server economic periods on record.


2021 saw businesses start to truly adapt and evolve from the global pandemic, one of the most severe economic periods on record. The way we all work and operate globally may never be the same again, but as we adapt to the “new normal” the one constant we have seen here at Interpolitan is the ever-growing demand for international trade, expansion, migration, and investment, as our clients continue to capitalise on new international opportunities.


Our focus on delivery and resilience was key to tackling a testing year, supporting our clients while continuing to grow as a business, which comes with its own set of challenges.


The continued successful delivery of the Interpolitan business model is testament to the strength of the business’s mission, vision, and strong values that drive our robust approach to risk and AML, an understanding of the FX markets, and listening to our client's problems and their ever increasingly complex needs.


Key highlights


Annual Report & Financial Statements for the year ending 31 December 2021.

The financial results demonstrate another year of profitable revenue growth.

  • Group gross profits increased by 133%

  • Group net assets at year-end increased by 286%

  • Group profits before tax increased by 462%

  • Group turnover increased by 119%

Interpolitan's financial results saw us ranked number 21 in the Beauhurst 24 Fastest-Growing Companies in the UK earlier this year. A fantastic achievement and accolade.


Rishi Patel, Founder, and CEO “This is a significant milestone and achievement for us all at Interpolitan. After a challenging period given the pandemic and economic backdrop, this is a recognition of the hard work and the decisions we made with our strategy. We passionately believe that if we remain client-centric, operationally agile, and protective of our culture at all costs, this fantastic growth story will continue into the future for the benefit of the team, our clients, and our shareholders. With significant global demand for our alternative banking solution, we are seeing both our clients evolve and new businesses forming, all looking to capitalise on international opportunities. As our private clients are now travelling internationally again, we are seeing a direct impact on foreign investments across all categories. We've some great plans for 2022/23 and made some significant investments to develop the business and continue our growth trajectory"


Interpolitan Money: a truly global alternative banking solution


Interpolitan offers a comprehensive alternative banking solution. We use cutting-edge technology to handle multi-currency accounts from beginning to end, allowing clients to pay, collect and hold funds in 55+ currencies from 160+ countries.


Accelerate your international growth with named local accounts, virtual IBANs and access to FX risk management solutions.


We can open client accounts within 7- 10 working days. Funds are held in designated, safeguarded bank accounts with tier one banking partners.

Connect and watch this space for more news and updates from Interpolitan.

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LONDON
5th Floor, 33 Cavendish Square, London, W1G 0PW
+44 (0)20 8187 5001
info@interpolitanmoney.com

 

DUBAI 

Office 109, Level 1, Tower A,

Damac Park Towers, DIFC, Dubai, UAE

MUMBAI 

2905 Marathon Futurex, NM Joshi Marg, 

Lower Parel, Mumbai, India 400013

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Interpolitan Money PLC is authorised and regulated by the Financial Conduct Authority (“FCA”) to issue electronic money under the Electronic Money Regulations 2011. FRN 900413. Forward contracts and associated credit facilities are not regulated by the FCA.

 

An Interpolitan Money account is not covered by the Financial Services Compensation Scheme (“FSCS”). We hold your funds in specially designated, safeguarded bank accounts, with our tier 1 banking partners, which keep your funds separated from our other assets. This means your funds are protected. Please see our FAQs for more information.

 

Interpolitan Money Plc registered office address 2 Leman Street, London, England, E1W 9US, a company incorporated under the laws of England and Wales, registration number 07666629. Interpolitan Money Canada Inc is registered as a Money Business Service (“MSB”) with the Financial Transactions and Reports Analysis Centre (“FINTRAC”). Our registration number is C100000165.

 

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