CAB Payments

We are pleased to report a resilient performance in the first half of 2024 as we re-set the business for sustainable growth. To read the full statement, please visit: https://lnkd.in/eH42NXFa Our CEO Neeraj Kapur outlines our refreshed, execution-focused strategy for CAB Payments, which builds on our strong foundations. Going forwards, we are focused on four things: strengthening our network across geographies, deepening relationships with clients, leveraging our banking licence, and investing in innovation via discipline capital allocation. We are proud of the progress we are making to deliver on our purpose: to move money where it’s needed. In H1 2024 alone, our network moved £1.4 billion of development aid flows and £4.3 billion of flows into low socio-economic income countries, critical to promoting social stability and economic growth in the core geographies in which we operate.

We are pleased to share that Neeraj Kapur has been confirmed as the new CEO of CAB Payments, following regulatory approval. Neeraj brings over 20 years’ experience in senior leadership roles, and is well placed to ensure CAB Payments takes advantage of the growth opportunity ahead. He shares our commitment to delivering on our purpose of moving money where it’s needed most, connecting hard-to-reach economies to global markets. Ann Cairns, Chair of CAB Payments, said: “I am delighted that Neeraj is confirmed as CEO of the Group. He is an experienced PLC director with the right skills to take the business forward. He brings a lot of passion and energy to the role. You can read the full statement on our website https://lnkd.in/eH42NXFa

CAB Payments is proud to share our journey and achievements in creating a positive impact through our business practices in our first B Corp Impact Report. This report is a testament to our commitment to social responsibility, ethical governance and sustainability. Read the full report here: ➡ https://lnkd.in/eVn5hE2s #bcorp #sustainability #impact

CAB Payments is proud to have held our inaugural Annual General Meeting (AGM) last week. Thank you to all who attended. You can find details of upcoming events and the results from the meeting on our website here: https://lnkd.in/ei9sefRn #agm #cabpayments

Top 100 Payment Companies of 2024!   We are pleased to announce that we have been featured on FXC Intelligence's prestigious list of the ‘Top 100 Payments Companies of 2024’!   This recognition reflects our unwavering commitment to excellence in the payments industry and the innovative solutions we offer to our clients.   Click here for the full report: https://lnkd.in/fPqi2pQ #FXCTop100 #Crossborder #Payments #Top100

CAB Payments Group is expanding with the launch of CAB Payments Europe. CAB Payments Europe has been granted a payment license by the DNB. This is a significant step in the expansion of our business as the EEA is an important market and presents a substantial growth opportunity for the Group. Visit our website to learn more about the launch: https://lnkd.in/eH42NXFa #CABPaymentsEurope #CrossBorderPayments #CABPayments #EEA #expansion

In our first-ever full year results as a listed business, we are pleased to report 25% year-on-year growth for CAB Payments. We increased our active client pool by 12% and expanded our network of international banking partnerships by 16%. With our EU and US expansion plans well underway, we are excited to be entering the next phase of CAB Payments’ growth. To read the full statement visit: https://lnkd.in/eH42NXFa

We are pleased to share that Neeraj Kapur has been appointed as the new CEO of CAB Payments, subject to regulatory approval. Bhairav Trivedi will be staying with the business as a Senior Adviser to the Board, working to develop closer relationships with industry partners, and identify new strategic opportunities for CAB Payments. Please see more here https://lnkd.in/eaCnkxnK.