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Finablr
Information by Research Trustfinance
Finablr was a UK-based public limited company that provided a global platform for cross-border payments, foreign exchange, and payment technology. Formed to consolidate the financial service brands owned by Emirati billionaire B. R. Shetty, the company was listed on the London Stock Exchange in 2019. Its portfolio of brands served over 25 million retail customers and 1,500 corporate clients worldwide. However, the company collapsed in 2020 following the discovery of over $1 billion in undisclosed debt, leading to an accounting scandal, regulatory investigations, and its eventual placement into administration.
United Arab Emirates
Industry
Financial
HQ Location