for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Finablr PLC

FINF.L

Latest Trade

0.00GBp

Change

-11.03(-100.00%)
0

Today's Range

--

 - 

--

52 Week Range

3.10

 - 

228.40

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
11.03
Open
0.00
Volume
0
3M AVG Volume
0.00
Today's High
--
Today's Low
--
52 Week High
228.40
52 Week Low
3.10
Shares Out (MIL)
700.00
Market Cap (MIL)
77.11
Forward P/E
1.08
Dividend (Yield %)
--

Latest Developments

More

FTSE Russell Says Will Retain Finablr Within Its Index Membership At Last Traded Price

Finablr Says Exercises Indicates Total Net Indebtedness May Be About $1.3 Bln

FTSE Russell Says Will Retain Finablr Within Its Index Membership

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Finablr PLC

Finablr PLC is a United Kingdom-based company that provides cross-border payments and consumer solutions, consumer foreign exchange solutions and business to business (B2B) and payment technology solutions. The Company operates through three segments: cross-Border payments and consumer solution; consumer foreign exchange solutions; and B2B and payment technology solutions. The cross-border payments and consumer solutions segment is primarily composed of the its cross-border payments services that it provides through a range of its own brands, including Unimoni, Xpress Money, Remit2India and Travelex, as well as third-party brands. The consumer foreign exchange solutions segment comprises its purchase and sale of foreign currency, the sale of prepaid travel cards and the provision of value-added tax (VAT) refund services. B2B and payments technology solutions segment offers cross-border payments, stored value platforms, digital gifting and acquiring services to their customers.

Industry

Consumer Financial Services

Contact Info

207 Old Street

17th Floor, The Tower, The Bower

EC1V 9NR

United Kingdom

Executive Leadership

Bavaguthu Raghuram Shetty

Co-Chairman, Founder, Non-Executive Director

Michael Hardwick Tomalin

Co-Chairman of the Board, Independent Non-Executive Director

Bhairav Trivedi

Chief Executive Officer

Rahul Pai

Group Chief Financial Officer

Mehul Desai

Group Chief Technology Officer

Key Stats

3.00 mean rating - 2 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2019(E)

1.6K
EPS (USD)

2019(E)

0.130
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.07
Price To Book (MRQ)
0.13
Price To Cash Flow (TTM)
0.74
Total Debt To Equity (MRQ)
148.12
LT Debt To Equity (MRQ)
103.56
Return on Investment (TTM)
--
Return on Equity (TTM)
--

Latest News

Latest News

Forex firm Travelex says debt holders to take control of company

Travelex said on Tuesday its debt holders will take control of the company and inject 84 million pounds ($105.60 million) of fresh liquidity, as part of a debt restructuring to help the currency service provider ride out the coronavirus crisis.

Forex firm Travelex ends buyout talks over 'unacceptable' offers

Travelex [TFPI.UL] has terminated a sale process as the offers it received were "unacceptable" to its revolving credit facility lenders and holders of senior secured notes, the troubled currency services provider said on Monday.

Forex firm Travelex to default on coupon payment

Troubled currency services provider Travelex [TFPI.UL] on Wednesday warned of defaulting on a 14.4 million euro ($15.6 million) coupon payment on some of its senior notes as it grapples with a hit to earnings amid the coronavirus crisis.

Forex firm Travelex to default on coupon payment

Currency service provider Travelex said on Wednesday it would default on a 14.4 million euro ($15.6 million) coupon payment on some of its senior notes as it grapples with a hit to earnings amid the coronavirus crisis.

MIDEAST STOCKS-Saudi shares retreat after govt triples VAT rate

* All Saudi Arabian banks decline but one * Aramco to announce Q1 earnings on Tuesday * UAE has no plans to follow Saudi in VAT increase By Ateeq Shariff May 11 (Reuters) - Saudi Arabia's stock market ended lower on Monday after the kingdom said it will triple value-added...

ADCB's profit slumps after $292 million impairments for NMC, Finablr

Abu Dhabi Commercial Bank (ADCB) <ADCB.AD>, UAE's third-biggest lender, reported an 84% fall in first-quarter net profit on Thursday as it took $292 million in impairments on debt exposure to troubled hospital operator NMC Health and payments group Finablr <FINF.L>.

ADCB's first-quarter profit slumps on $292 million impairments on NMC, Finablr

Abu Dhabi Commercial Bank (ADCB) <ADCB.AD> reported an 84% plunge in first-quarter net profit on Thursday as it took 1.072 billion dirhams ($292 million) in impairments on debt exposure to troubled hospital operator NMC Health and Finablr <FINF.L>.

UPDATE 1-Troubled Finablr reports nearly $1 billion more in debt

Struggling payments group Finablr said on Thursday it might have nearly $1 billion more in debt than what it reported previously after a review with its creditors and independent investigators.

Troubled Finablr reports nearly $1 billion more debt

Payments group Finablr <FINF.L> said on Thursday its debt position of $1.3 billion was materially above what was stated as of June 2019 following a review with its creditors and independent investigators.

NMC founder says private probe shows alleged fraud at NMC, Finablr

The founder of troubled hospital operator NMC Health, BR Shetty, said on Wednesday a probe conducted by his own advisors has found alleged fraud at the firm and payments group Finablr and that he was working to clear his name.

PRESS DIGEST- British Business - April 23

April 23 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Forex firm Travelex looks to sell itself amid troubles at parent company

Currency service provider Travelex has put itself up for sale, the London-based company said on Wednesday, a month after parent Finablr warned that it was preparing for a potential insolvency.

Forex firm Travelex seeks offers for sale of company

Travelex Group said on Wednesday it has decided to seek offers for the sale of the foreign exchange company as part of its assessment of strategic options.

Abu Dhabi Commercial Bank in talks with NMC Health over $981 million debt exposure

Abu Dhabi Commercial Bank (ADCB) <ADCB.AD> is in talks with troubled UAE hospital operator NMC Health <NMC.L> to tackle the company's financial defaults, the bank said on Thursday.

UPDATE 1-UK Stocks-Factors to watch on April 1

April 1 - Britain's FTSE 100 index is seen opening 157 points lower at 5,515 on Wednesday, according to financial bookmakers, with futures down 4% ahead of the cash market open.

Finablr taps Bhairav Trivedi as CEO while CFO resigns

Payments group Finablr <FINF.L> on Wednesday named Bhairav Trivedi as its chief executive officer, after his predecessor Promoth Manghat left when the company expressed doubts about its ability to continue as a going concern.

Troubled payments group Finablr's auditor Ernst & Young leaves

Finablr <FINF.L> said on Monday Ernst & Young LLP has resigned as its auditor after the company could not accommodate some of the requested adjustments on time that included changes to the composition of the payments group's board.

UPDATE 1-UK Stocks-Factors to watch on March 30

March 30 - Britain's FTSE 100 index is seen opening 9 points lower at 5,501 on Monday, according to financial bookmakers, with futures up 0.4% ahead of the cash market open.

Finablr auditor Ernst & Young steps down

Finablr said on Monday Ernst & Young LLP has resigned as its auditor after the company could not accommodate some of the changes requested by it on time, which included changes to the composition of the payments group's board. (https://reut.rs/2xyEJb8)

Travelex shuts UK forex bureaus on virus fears, starts funding talks

Foreign exchange company Travelex said on Friday it was shutting its UK bureaus for about eight weeks or more due to the coronavirus pandemic and that it was in talks with its stakeholders for continued access to funds.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up