Payments group Finablr on Monday expressed doubts about its ability to continue ...
) on Monday expressed doubts about its ability to continue as a going concern and said its chief executive would step down.
Finablr’s troubles have followed problems at its Travelex business, which was hit by a ransomware attack late last year. The company is also facing disruption to its business from the coronavirus crisis. Finablr said its board would immediately look for a replacement for Promoth Manghat who has stepped down as CEO.
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