WSFx Global Pay Limited, a financial services company, engages in foreign exchange business in India. It provides forex prepaid cards, outward remittance services, and currency exchange facilities to corporate and leisure travelers, students, and millennials. The company also offers outward remittance services for students to pay university fees to pursue education abroad; cross border remittance business; and personal remittances for tours, medical treatment, and other permissible transactions. In addition, it provides platforms and products under the WSFx name, such as Global pay app and web portal, which includes forex, travel-related services, and to place orders vis online A2 form submission; Smart corporate platform, a digital solution to aid corporates with forex requirements for business travel; Smart agent platform, a digital solution for agent partners to manage forex and remittance requirements; Global pay platform, a plug and play forex platform as a service solution for agent, agent partners, education institutions, and students; and Smart currency card, a multi-currency forex and INR card. Further, the company offers Thomas Cook prepaid cards, including borderless prepaid and one currency cards; currency notes; international student identity card; travel insurance plans; and guaranteed investment certificate and blocked accounts. It operates through its digital platforms and branches. The company was formerly known as Wall Street Finance Limited and changed its name to WSFx Global Pay Limited in December 2022. The company was incorporated in 1986 and is headquartered in Mumbai, India. WSFx Global Pay Limited is a subsidiary of Spice Connect Private Limited.
Metrics to compare | WSFX | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWSFXPeersSector | |
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P/E Ratio | 30.9x | 24.1x | 9.6x | |
PEG Ratio | −0.60 | 0.01 | 0.03 | |
Price/Book | 2.2x | 1.9x | 1.0x | |
Price / LTM Sales | 0.9x | 4.3x | 2.8x | |
Upside (Analyst Target) | - | 0.0% | 11.7% | |
Fair Value Upside | Unlock | 3.7% | 1.6% | Unlock |