Congratulations to our client, Prism Group AG and their affiliate Global Fintech Investment Holding AG, who have reached agreement with Finablr to buy its business, subject to regulatory approval.
Finablr has been an important provider of cross-border financial services in the UAE and, going forwards, its new owners will work to restructure and rebuild the business with a view to securing its long term future.
Druces’ Dominic Traynor and Christopher Axford advised Prism on this transaction and will continue to work with the company on its evolving plans for the new business.
For further details on the acquisition, please click on the link below
For more information about how our Corporate team can help your business, please speak to a member of our team: