Neovia Financial, the Manx-based eWallet business, has released its first half trading update and says the results are in line with market forecasts.
The company, which rebranded earlier this year and was formerly known as Neteller, says there was a 3% quarter-on-quarter increase in active customers in the second quarter of 2009.
There was also an improvement in gross margins and it hopes to be able to name its new chief executive officer in September.
Chairman of NEOVIA Dale Johnson says the firm is still optimistic about the outlook for the full year, but is mindful of ongoing external market conditions.