The new Finablr price implies a market value of $1.6bn versus an initial indicated value of as much as $2.3bn
Finablr IPO
Latest in Finablr IPO
Bavaguthu Raghuram Shetty
Finablr is said to struggle to find enough buyers for London IPO
Finablr’s sale opened for investors on May 1 and had sought to value the company at as much as $2.4bn and raise as much as $677m
BR Shetty
Finablr’s $200m IPO to be completed by mid-May
Finablr CEO Promoth Manghat said he expects the listing will allow the firm to scale up and explore new opportunities in the Middle East, Asia and Africa
BR Shetty
UAE payment firm Finablr to launch London IPO
Holding firm Finablr is behind brands UAE Exchange, Travelex Holdings and Xpress Money
BR Shetty
BR Shetty’s FInablr buys Indian digital payments provider
UAE-based Indian billionaire’s Finablr acquires TimesofMoney from Network International
BR Shetty
BR Shetty’s Finablr said to hire firms for London IPO in 2019
Finablr, the holding company for businesses including UAE Exchange, Travelex Holdings and Xpress Money, has reportedly hired JP Morgan and Barclays