Manx Financial CEO on record 2024, Irish expansion and growth plans

Proactive - Interviews for investors

Manx Financial Group (AIM:MFX) CEO Douglas Grant talked with Proactive about the company’s record 2024 results and plans for continued expansion. Grant shared that Manx Financial Group delivered a 41% jump in profits last year, driven by three main growth areas: Conister Bank’s strong liquidity, Payment Assist’s accelerating lending volumes, and Manx Ventures’ strategic investments. He explained, “Buy now, pay later allows people to spread the unexpected bill… but it’s interest-free, so it’s actually not costing the consumer anything.” The company has seen Payment Assist grow lending from £180 million to over £220 million in a year. Grant also discussed the move into mortgages and plans to enter the Irish market by securing a consumer credit license. He said this expansion would enable Manx Financial Group to passport operations across the EU, creating further growth potential. Regarding shareholder returns, Grant highlighted the consistent approach of paying 10% of profits as dividends while reinvesting capital to fuel the company’s growth strategy. In 2025, he said the acquisition of a wealth management firm and the launch of Buy Now Pay Later Ltd and Drive Now Pay Later in Ireland are expected to drive further momentum. Visit Proactive’s YouTube channel for more interviews like this. Don’t forget to like this video, subscribe, and turn on notifications for the latest updates. #ManxFinancialGroup #DouglasGrant #BuyNowPayLater #FinancialResults #DividendGrowth #IrishMarketExpansion #PaymentAssist #ConisterBank #InvestorUpdates #ProactiveInvestors