CAB Payments posts slump in profit as currency shifts drag down earnings Banking Fintech CAB Payments has reported a slump in profit for first half of 2024 as currency shifts continued to weigh on its earnings.
CAB Payments partners with Visa to boost emerging markets service Banking Fintech CAB Payments has struck a deal with Visa designed to boost its services across emerging markets.
CAB Payments attempts to move on from challenging year despite lack of ‘tailwinds’ from Nigerian Naira Fintech CAB Payments reported a “resilient” performance in the first half of the financial year as it attempts to move on from a difficult year. In a trading update covering the six months to June, the payments firm reported that gross income was down 22 per cent on last year, falling to £56m from £72m previously. [...]
CAB Payments confirms new boss less than a year after disastrous London float June 14, 2024 CAB Payments has confirmed that veteran banker Neeraj Kapur has taken over as its new chief executive.
CAB Payments: Fintech’s earnings hit by currency policy shifts after disastrous London float March 26, 2024 Fintech CAB Payments' earnings have been hit by "unforeseen central bank interventions" as the firm looks to draw a line under a year which saw it become one of London's biggest stock market flops.