Alpha Group International

Alpha Group International

Company type	Public
Traded as	LSE:  ALPA
Industry	Financial services
Founded	2009
Headquarters	London, England
Key people	Clive Khan (Chairman) Morgan Tillbrook (CEO)
Revenue	£135.6 million (2024) [1]
Operating income	£118.3 million (2024) [1]
Net income	£92.7 million (2024) [1]
Website	www.alphagroup.com

Alpha Group International plc is a British financial services business specialising in the management of foreign exchange risk for corporate businesses. It is listed on the London Stock Exchange until it was acquired by Corpay in October 2025.

History

The company was founded by Morgan Tillbrook as a foreign exchange management business known as Alpha FX in 2009. It was the subject of an initial public offering on the Alternative Investment Market in 2017, ^[2] and acquired the multi-bank trading platform, Cobase, in September 2023. ^{[3] [4] [5]} It then moved to the main market of the London Stock Exchange in April 2024. ^{[6] [7] [8]}

In July 2025, Corpay, an American provider of payments and spend management systems, announced a deal to acquire Alpha Group in a $2.2 billion cash deal. ^[9] The transaction was approved by the court on 28 October 2025, thereby allowing it to proceed to completion. ^[10]

References

1. "Annual Results 2024". Alpha Group International. Retrieved 26 March 2025.
2. "Alpha FX Begins Live Trading on LSE After Successful IPO". Finance Magnates. 7 April 2017. Retrieved 30 May 2024.
3. "Alpha to buy stake in multibank platform Cobase for EUR9.4 million". 12 September 2023. Retrieved 30 May 2024.
4. "Alpha Group International's profits driven upwards by interest income". Investors Chronicle. 13 September 2023. Retrieved 30 May 2024.
5. "Alpha Group Finalizes Cobase Acquisition in a €9.6 Million Deal". Finance Magnates. 1 December 2023. Retrieved 30 May 2024.
6. "Alpha Group lays out plans for main market listing". Sharecast. 3 April 2024. Retrieved 30 May 2024.
7. "AIM-listed Alpha Group plots move to London's main market as fintech looks to expand". CityAM. 3 April 2024. Retrieved 30 May 2024.
8. "Alpha Group to list on LSE main market". Finextra. 3 April 2024. Retrieved 30 May 2024.
9. Basil, Arasu Kannagi; Basil, Arasu Kannagi (23 July 2025). "Payments firm Corpay to buy UK's Alpha Group in $2.2 billion private markets push". Reuters. Retrieved 30 July 2025.
10. "Court approval of the scheme". Investegate. 28 October 2025. Retrieved 29 October 2025.

External links

• Official website