Financial Payment Systems is the Jersey-registered holding company of a Chinese company that has developed a system for initiating electronic payment instructions to banks. It was originally used by the Jiangsu provincial government in China. FPS joined Aim on 16 June 2006 via a placing at 12p a share which raised £5m before expenses. At that time the company was valued at £11m.
Sector: Technology
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds