Finablr sets range after founder wows on roadshow

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By Sam Kerr
02 May 2019

Finablr has set a range on its London IPO, valuing the business at a more conservative multiple than many had expected when the roadshow began. That will please prospective buyers, some of whom were also impressed with an appearance from the company’s billionaire owner, BR Shetty.

BarclaysGoldman Sachs and JP Morgan are global co-ordinators; EFG Hermes, Bank of America and Numis Securities are bookrunners on the IPO of the Abu Dhabi-based business.

Finablr is a fairly complex business providing cross-border payments and consumer solutions, consumer foreign exchange, and B2B and payment technology solutions for consumers.

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