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.