featured, Travelex, Travelex earnings
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In Q3 2022, the New Travelex Group continued the strong performance seen so far in 2022 and generated revenues of £129.6m.
Travelex generated revenues of £106.8m in Q2 2022, which is a 55% increase on the £68.8m reported in the first quarter.
Richard Wazacz, Travelex
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Richard Wazacz has been appointed as CEO of Travelex and Executive Director on the Travelex Board.
The Registrar of Companies warns that, unless cause is shown to the contrary, Finablr will be struck off the register and dissolved.
Mark Freedman, Travelex
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Travelex announces the appointment of Mark Freedman as Chief Financial Officer of the company, with effect from 31 January 2022.
Travelex has concluded the raising of £35 million of funding following the issuance of an additional number of new money notes.
Binay Shetty, Finablr, Travelex
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Finablr announces the termination of Mr. Binay Shetty’s office as Director of the Company with immediate effect.
Travelex has successfully concluded the raising of £15 million of additional funding following the issuance of new money notes.
Travelex, Travelex funding
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The launch of a third funding tap for 2021 for £15 million intends to support the New Travelex Group’s liquidity through the recovery phase.
Travelex reported revenue of £54.9 million for H1 2021 (21% of 2019), 45% lower than the same period in 2020.
