SPARK acted as Financial and Nominated Adviser to Cornerstone FS plc on its IPO and £2.7m fundraise

SPARK Advisory Partners Limited (“SPARK”) is pleased to announce it has been appointed as nominated adviser to Cornerstone FS plc (AIM ticker: CSFS) on its IPO on AIM.

Cornerstone successfully raised gross proceeds of £2.69 million in a Placing and issue of Convertible Loan Notes.

Cornerstone FS is a payments focused fintech business that makes managing currency simple for international SMEs. The company’s focus is on removing the complexity of international payments for customers, through currency risk management, payment and electronic account services.