Abu Dhabi state investor Mubadala invests in troubled Travelex foreign exchange firm

A fund owned by Abu Dhabi state investor Mubadala, has taken a 3.4% stake in London-listed payments firm Finablr, which is best know here for its foreign exchange operation Travelex.

Finablr, whose London-listed shares have been suspended, had expressed doubts about its ability to continue as a going concern and said its chief executive would step down.