KM Financial Solutions | UPDATE 2-Finablr stock dives on debt deal in fresh blow to billionaire owner
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UPDATE 2-Finablr stock dives on debt deal in fresh blow to billionaire owner

UPDATE 2-Finablr stock dives on debt deal in fresh blow to billionaire owner

Shares in payments company
Finablr plunged 27% on Friday after it disclosed its
majority owner, UAE-based Indian billionaire B. R. Shetty, had
pledged over half the company’s stock as security against debts
it incurred buying Travelex.

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