Mubadala-Funded Firm acquires 3.4 per cent stake in Finablr

Mubadala-Funded Firm acquires 3.4 per cent stake in Finablr

MIC Capital Partners - owned and managed by Mubadala Capital , a unit of Mubadala Investment Co - has acquired a 3.4 per cent stake in London-listed firm Finablr.. Finablr, founded by disgraced UAE-based billionaire BR Shetty , has been battling problems with its Travelex business, first because of a ransomware attack last year and now with the coronavirus crisis.. Finablr's troubles come after 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.. Business Live ME is the region's fastest-growing business news website..