tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CAB Payments secures ADGM licence and new global clearing partnership

Story Highlights
CAB Payments secures ADGM licence and new global clearing partnership

Claim 50% Off TipRanks Premium

CAB Payments Holdings Limited ( (GB:CABP) ) has shared an announcement.

CAB Payments Holdings has strengthened its Middle Eastern presence by securing a Category 2 Financial Services Permission from the Abu Dhabi Global Market’s Financial Services Regulatory Authority for its subsidiary CAB Global Markets, enabling it to conduct cross-border payments, FX transactions, trade finance and credit arrangements across the Gulf and wider region. In parallel, the Group has entered into a new strategic global clearing partnership with a major international bank to expand USD and euro clearing access for clients, deepen liquidity in both existing and new markets, and bolster operational resilience and diversification, marking a significant advance in its growth strategy and regional expansion ahead of its 2025 full-year results in March 2026.

The most recent analyst rating on (GB:CABP) stock is a Hold with a £74.00 price target. To see the full list of analyst forecasts on CAB Payments Holdings Limited stock, see the GB:CABP Stock Forecast page.

Spark’s Take on GB:CABP Stock

According to Spark, TipRanks’ AI Analyst, GB:CABP is a Neutral.

The score is held back primarily by uneven financial performance (notably the 2024 revenue drop and volatile cash flows). Offsetting this are improving technicals (price above key moving averages with positive MACD) and supportive corporate developments, while valuation is a moderate headwind given the ~25x P/E and no stated dividend yield.

To see Spark’s full report on GB:CABP stock, click here.

More about CAB Payments Holdings Limited

CAB Payments Holdings plc, through its operating subsidiary Crown Agents Bank Limited, is a specialist B2B foreign exchange and payments provider focused on fast-growing and hard-to-reach markets across Africa, South Asia and the Middle East. It facilitates cross-border payments in 125 currencies and over 800 currency pairs via APIs, digital platforms and bespoke solutions, and positions itself as a purpose-led institution with B Corporation status and a top-tier sustainability rating from EcoVadis.

Average Trading Volume: 312,966

Technical Sentiment Signal: Buy

Current Market Cap: £183.2M

For a thorough assessment of CABP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1