Talkremit Group Holdings Ltd
The group's principal activity continues to be that of Fintech provider of digital remittance services, offering peer to peer international payments services between private individuals both online and via agents using the Group's in-house developed money transfer platform or mobile app.The primary focus of specialising in cross-border remittances is serving customers located in the UK, EEA, North Africa and North America who want to make fast and cost-efficient money transfers. The group was founded in 2016 and is regulated in the UK by the Financial Conduct Authority (FCA) as an authorised electronic money institution (EMI) and payments service provider (PSP), regulated in the EEA by the Swedish Financial Supervisory Authority (SFSA) and regulated in Canada by FINTRAC. The in-house developed platform is designed to help people all over the globe to send money to each other without excessive fees and utilising competitive exchange rates.
Revenue
£8.2m
▲ +45.4% vs prior ~12m period
Profit after tax
-£4.6m
Margin -57.2%
Employees
32
▲ +28.0% vs prior ~12m period
Net assets
-£20.4m
Total assets £12.8m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £8.2m | ▲ +45.4% | -£4.7m | 32 | -£20.4m |
| 31 Dec 2023 | £5.6m | ▲ +69.7% | -£5.4m | 25 | -£15.8m |
| 31 Dec 2022 | £3.3m | — | -£4.2m | 22 | -£10.5m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £8.2m
- Gross profit
- £3.8m
- Operating profit
- -£4.7m
- Profit before tax
- -£4.7m
- Profit after tax
- -£4.6m
Balance sheet
- Total assets
- £12.8m
- Cash
- £2.4m
- Total liabilities
- £33.2m
- Net assets
- -£20.4m
- Revenue per employee
- £256k
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