/payments
Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into a share purchase agreement ("SPA") for the sale of its non-core subsidiary, Avila House Ltd. ("Avila"), a registered small electronic money institution, to Aspire Commerce Ltd. ("Aspire"), trading as MulootMoney.com, the provider of payment accounts and lending services, for a consideration of £300,000 to be paid in cash on completion.