STOCK WATCH

CURRENCY card provider FairFX rose yesterday after announcing plans to buy fellow digital payment business CardOne for £15m.

The firm, which sponsors Sky Sports’ Formula One coverage and provides travel cash, will fund the purchase by raising around £26m from placing new shares on the stock market.

The money raised which is not used to fund the CardOne deal will be used to pursue further growth opportunities.

Shares jumped 2.1pc, or 1.5p, to 73.5p.