Finablr Plc News Today

Migrant Indian businessman BR Shetty had built the UAE’s largest privately owned health operator NMC Health, which propelled him into the club of the richest billionaires of the world. But a single tweet brought his massive business empire crumbling down.

Investegate announcements from Finablr PLC, Statement re Notification of Auditor Resignation

Investegate announcements from Finablr PLC, Statement re Xpress Money Services Limited

Investegate announcements from Finablr PLC, Statement

Prism, RSP appoint Matrix for financial compliance at Finablr ABU DHABI, February 8, 2021 The consortium of Prism Group and Abu Dhabi’s Royal Strategic Partners (RSP) has appointed technology solutions firm Matrix International Financial Services to advise on financial compliance and fraud prevention measures at Finablr and its subsidiaries. Matrix is one of the world’s leading specialists in providing business and technology solutions for the complex needs of the global financial indust...

Dubai: The consortium of Prism Group AG (Prism) and Abu Dhabi’s Royal Strategic Partners (RSP) has appointed independent investment bank Moelis & Company to advise on the restructuring and transformation of the Finablr Ltd and its subsidiaries, the global payment solutions group it agreed to acquire in December 2020. Prism formed a consortium with RSP to complete the purchase of Group at the end of last year - since when the Consortium and Finablr Plc have been working in conjunction with reg...

D K Shivakumar mocks CM for certifying himself News Network January 1, 2021 Bengaluru, Jan 1: Karnataka Congress president DK Shivakumar on Friday mocked Chief Minister BS Yediyurappa over latters remarks that he will complete his remaining term. "What was the need for the CM to say he’ll stay on for two more years? We hadn’t questioned him. He certified himself because there’s panic," Mr Shivkumar said while referring to Mr Yediyurappa’s assertion that there will not be any change in l...

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HC stays BSY govts order to drop criminal prosecution in 61 cases against MLAs, ministers News Network December 21, 2020 Bengaluru, Dec 21: In a setback for Chief Minister BS Yediyurappa-led government, the Karnataka High Court on Monday stayed a state government order to drop criminal prosecution in 61 cases against Members of the Legislative Assembly (MLAs) and ministers. A division bench of Chief justice Abhay S Oka and Justice Vishwajith Shetty stayed the order, which was issued on August 3...

BR Shetty File Photo UAE-based Indian billionaire BR Shettys company Finablr Plc is getting ready to sell its business to an Israeli-UAE consortium for $1, capping the collapse of a business that had a market value of $2 billion (Rs 14,700 crore) last December. According to media reports, Finablr, the scandal-marred platform for payments and foreign exchange solutions, announced that it has entered into "a definitive agreement" with Global Fintech Investments Holding (GFIH), an affiliate of Pr...