WSFx Global Pay Reports Revenue Growth and Appoints New Senior Management

1 min read     Updated on 05 Nov 2025, 12:59 AM
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Jubin VergheseScanX News Team
Overview

WSFx Global Pay Limited announced its Q2 FY2026 financial results, showing a 34.96% quarter-on-quarter revenue increase to ₹3,496.19 lakhs. Net profit after tax for Q2 was ₹366.90 lakhs, with EPS at ₹2.96. The company paid a final dividend of ₹1.50 per share for FY2025. Mr. Rohan Parab was appointed as VP & Product Head - Cards, effective November 4, 2025.

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*this image is generated using AI for illustrative purposes only.

WSFX Global Pay Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2025, alongside key management changes. The forex and related services company has shown significant growth in revenue and made strategic appointments to strengthen its leadership team.

Financial Performance

WSFx Global Pay demonstrated strong financial performance in the latest quarter:

Metric Q2 FY2026 Q1 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations (₹ in lakhs) 3,496.19 2,590.45 5,340.61 6,086.64 8,651.60
Net Profit After Tax (₹ in lakhs) 366.90 - - 346.99 -
Basic EPS (₹) 2.96 2.62 - - -

The company's revenue from operations for Q2 FY2026 stood at ₹3,496.19 lakhs, showing a significant increase of 34.96% compared to the previous quarter's ₹2,590.45 lakhs. However, this figure is lower than the ₹5,340.61 lakhs reported in the same quarter last year.

For the half-year period, WSFx Global Pay reported revenue of ₹6,086.64 lakhs, compared to ₹8,651.60 lakhs in the corresponding period of the previous year.

The net profit after tax for Q2 FY2026 was ₹366.90 lakhs, while the half-year figure stood at ₹346.99 lakhs. The basic earnings per share for the quarter improved to ₹2.96 from ₹2.62 in the previous quarter.

Dividend Announcement

The Board of Directors had proposed a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2025. This dividend was approved and paid to shareholders on October 15, 2025.

Management Appointment

In a strategic move to bolster its product offerings, WSFx Global Pay has appointed Mr. Rohan Parab as the Vice President & Product Head - Cards, effective November 4, 2025. Mr. Parab brings over 12 years of experience in the Payment & Financial Service Industry, with expertise in product management, business development, operations, and customer experience.

Corporate Governance

The company held its Board Meeting on November 4, 2025, where the unaudited financial results for the quarter and half year ended September 30, 2025, were approved. The Limited Review Report issued by the Statutory Auditor was also considered and approved during this meeting.

WSFx Global Pay continues to focus on strengthening its position in the forex and related services segment, as evidenced by its financial performance and strategic appointments.

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WSFx Global Pay Unveils Suite of Innovative Products at Global Fintech Fest 2025

2 min read     Updated on 03 Oct 2025, 06:35 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

WSFX Global Pay Limited, a BSE-listed and RBI Authorized Dealer Category II, plans to introduce several new products at the Global Fintech Fest 2025. These include a co-branded corporate card, a premium metal card called Xplorer, a single-currency card with multi-currency switching capabilities, tokenization of mobile wallets, and a global transit app. The company aims to simplify cross-border payments and travel finance, focusing on prepaid and pay-per-use models. Dilip Modi, the founder, emphasized delivering complete solutions for cross-border payments and travel, while CEO Srikrishna Narasimhan highlighted the shift towards transparent prepaid instruments.

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*this image is generated using AI for illustrative purposes only.

WSFX Global Pay Limited, a BSE-listed company and Reserve Bank of India Authorized Dealer Category II, is set to make waves at the Global Fintech Fest (GFF) 2025 with a series of groundbreaking product launches. The company, which has been a trusted name in foreign exchange and cross-border payments for over three decades, is poised to redefine the landscape of global financial services.

New Product Lineup

GlobalPay, the operating brand of WSFX Global Pay Limited, will introduce several innovative products at GFF 2025:

  1. Co-Branded Corporate Card: In partnership with a leading corporate expense management player, GlobalPay will launch a card that integrates corporate spend solutions with seamless forex capabilities. This offering aims to streamline international payments for businesses and employees, ensuring efficiency, security, and regulatory compliance.

  2. Xplorer - Premium Metal Card: Targeting frequent travelers, GlobalPay will unveil India's first pay-per-use metal prepaid global card. This invite-only program caters to CXOs, corporates, influencers, and lifestyle leisure travelers, offering integrated transit features and a holistic travel experience.

  3. Single-Currency Card with Multi-Currency Switching: A novel solution allowing travelers to load one base currency and switch across multiple currencies seamlessly. This card aims to eliminate the complexities and costs associated with multiple currency conversions.

  4. Tokenization of Mobile Wallets: GlobalPay will announce its roadmap for tokenizing mobile wallets, enabling secure, contactless, and future-ready payments for international transactions.

  5. Global Transit App: India's first comprehensive solution for global travelers, combining forex card management, outward remittance, and transit services. The app will offer features such as airport transfers, baggage assistance, lounge access, travel insurance, and Global eSIM services.

Strategic Vision

Dilip Modi, Founder of GlobalPay, emphasized the company's vision: "The new GlobalPay is about delivering complete solutions for cross-border payments and travel, combining zero-fee forex, pay-per-use privileges, tokenisation, and integrated transit services into one seamless ecosystem. Our vision is to make managing money across borders simple, safe, and universally accessible."

Focus on Prepaid and Pay-Per-Use Models

Srikrishna Narasimhan, Whole-Time Director & CEO of GlobalPay, highlighted the shift towards prepaid instruments: "Prepaid is stepping forward as the most transparent and practical instrument for the future. Unlike tiered or points-based ecosystems that restrict access, we don't believe in superficial layers of benefits. We give every customer the best of services on a pay-per-use basis, open access without linking it to historical spending."

Regulatory Compliance and Innovation

As a BSE-listed entity and RBI Authorized Dealer Category II, WSFX Global Pay Limited emphasizes its commitment to regulatory compliance while pushing the boundaries of innovation in the fintech space.

The announcements at GFF 2025 mark a significant step for WSFX Global Pay Limited as it aims to reshape how Indians travel, transact, and build financial confidence in the global arena. With its blend of regulatory strength and cutting-edge technology, the company is positioning itself at the forefront of the evolving cross-border payments and travel finance sector.

Historical Stock Returns for WSFX Global Pay

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+2.47%+6.42%-7.31%-45.83%+341.34%
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