Finablr's shares trend up as international money transfers rise
Shares in the company returned to the 174p price at the time of its flotation in May, after which they sank as low as 133p
Company
Finablr PLC
LON:FIN
Finablr PLC is a United Arab Emirates-based payments company, which owns the Travelex, UAE Exchange and Xpress Money brands.
24 stories · page 2 of 2
Finablr launches money transfer feature with Samsung Electronics America
The FTSE 250-listed company previously said it continues to invest in the increasing demand for invisible payments by consumers and businesses
Finablr enjoys growth from currency exchange, cross-border payments and B2B
The Travelex owner's largest contributor of profits is now its higher-margin B2B arm
Finablr shares rally as JP Morgan and Barclays talk up Travelex owner
Finablr shares have fallen 24% since floating last month and its B2B payment technology business is being valued at around a 75% discount to the wider peer group, JP Morgan said