WSFx Global Pay Ltd — Updates, 30-05-2025: Company Update
WSFx Global Pay Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company, a regulated foreign exchange player with over 30 years' experience, serves students, corporates, and the leisure segment, offering prepaid FOREX cards and cross-border remittances. It reported Rs. 5,722 Cr gross turnover for the year with PBT growth of 61% at Rs. 6.63 Cr. Despite challenges like student segment declines and TCS impact, WSFx is expanding its leisure travel focus and card issuance business, having launched its own FOREX cards. The company plans to apply for PA-CB and MTSS licenses to broaden services and continues to build digital platforms to increase penetration. It declared a dividend of Rs. 1.5 per share, reflecting confidence in growth and rewarding shareholders while maintaining healthy liquidity to support expansion.
