In line with WL Company DMCC stated strategy, the business is rapidly growing. In 2022 we are focusing on increasing the number and breadth of signed partnerships, and further developed the platform's capabilities in terms of automation, integration and data intelligence.

The Board remains of the firm view that growing number of partnerships with liquidity providers, cloud-based products and banks are critical building blocks for long-term market leadership.

It is particularly notable that the sales pipeline in the key US market is well aligned to previous guidance, with a sharp uptick against the comparable period in 2020.

A further update will be provided in the third quarter.