OnBuy hails first ever profitable month ahead of expansion plans

OnBuy marked its first ever profitable month in October and is also forecasting a profitable quarter.
Although the marketplace did not reveal specific figures, it claimed it had continued to see impressive year-on-year results following a range of new releases and optimisations across its platform.
The news comes as the company’s CEO and founder Cas Paton confirmed OnBuy had secured strategic investment from a Nasdaq-listed global tech firm to accelerate its global expansion and UK growth.