August ’14: AIM arrivals and departures
While August is traditionally a quiet month for activity on AIM we still saw 8 new arrivals and the same number of departures on London’s junior market, although 2 of the latter were the result of reverse takeovers.
The new Admissions featured the usual eclectic mix of businesses including two based in China who are no doubt hoping to have more success than some of the their countrymen have found on AIM.
We offer a brief introduction to the new arrivals below, many of which could qualify for inheritance tax planning purposes (some of the departing firms certainly didn't!)
To find out which might qualify please use our new search tool at http://aimsearch.investorschampion.com/ ….it might help avoid a potential future bill!
ATTRAQT Group PLC, (http://attraqt.com/) which raised £1.25m ahead of admission offers software-as-a-service to online retailers, including Boohoo.com PLC, Supergroup PLC, and BT Group PLC. It’s still early stage (and currently loss making) but appears to be operating in a growing space. FairFX Group PLC (http://www.fairfax.com) is an international payment services provider that has developed a cloud-based P2P payments platform that enables personal and business customers to make payments in various currencies and countries. It has taken a revolutionary approach to the whole foreign exchange market for both individuals and businesses by cutting out the middle man and using technology to…