Banks give investors extra time to value complex Finablr

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By Sam Kerr
24 Apr 2019

Finablr, the Abu Dhabi-based cross-border currency and financial technology holding company which owns Travelex, is one of the few firms in the market with a live IPO. But banks are not rushing to set a price range, wanting to give investors more time to value the business.

BarclaysGoldman Sachs and JP Morgan are global co-ordinators; EFG Hermes, Bank of America and Numis Securities are bookrunners.

Finablr operates in three main segments: cross-border payments and consumer solutions, consumer foreign exchange, and B2B and payment technology solutions for consumers.

It owns numerous brands, including Travelex, the UK-based bureau ...

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