ADGM Licence and global clearing partner secured
Summary by AI BETAClose X
29 January 2026
CAB Payments Holdings plc and its subsidiaries
("CAB", "CAB Payments", the "Group" or the "Company")
ADGM Licence and new global clearing partnership secured
CAB, a leading B2B FX and Payments provider to fast‑growth and dynamic markets, today announces that its Middle Eastern subsidiary, CAB Global Markets (CAB GM), has secured a Category 2 Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). Separately, CAB is pleased to confirm it has secured a significant new global clearing partnership.
The Group will announce its full-year results for the 2025 financial year on 5 March 2026 as scheduled.
ADGM Licence secured
The FSRA Category 2 Licence builds on CAB's existing network, technology, and expertise to empower the specialist bank's work in facilitating the two‑way flow of funds in and out of fast‑growing and complex markets, strengthening economies and empowering communities across Africa, South Asia, and the Middle East. Specifically, the licence enables CAB GM to facilitate cross‑border payments, foreign exchange transactions, trade finance instruments, and arrange credit.
ADGM's position as a leading international financial centre with robust regulatory standards makes it an ideal location for CAB GM to extend its services across the Gulf and Middle East, while executing on its purpose to deliver prosperity in the markets it serves.
New global USD and Euro clearing partner
The Group is also pleased to announce that it has established a strategic clearing partnership with another leading global bank. Through this collaboration, the Group's clients will gain greater access to USD and Euro clearing services, enabling deeper liquidity across both new and existing markets, and enhancing connectivity with key target regions. This partnership also materially reinforces the Group's operational resilience, strengthening service delivery while supporting broader diversification across its clearing capabilities.
Neeraj Kapur, Group CEO, commented:
"These two announcements mark a significant step forward in our strategy. The granting of the licence strengthens our ability to deliver on our purpose with our increasing client base and expand our presence in key growth regions. The UAE's geographic position, sophisticated regulatory environment, and deep capital markets make it one of the world's leading financial centres. Importantly, our additional clearing partnership with another global banking institution materially enhances our growth opportunities."
About CAB Payments:
CAB Payments, via its operating subsidiary Crown Agents Bank Limited, exists to deliver prosperity to the markets we serve. With a network built over more than 180 years, we connect the world's hardest-to-reach financial markets to the global economy, moving money across 125 currencies and 800+ currency pairs via API, digital platforms or bespoke solutions. Crown Agents Bank Limited is one of the first banks to achieve B Corporation™ status and holds the Platinum Sustainability Rating from EcoVadis, ranking within the top 1% of companies assessed globally.
For further information, please contact:
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CAB Payments Holdings plc
Gaurav Patel, Head of Investor Relations ir@cabpayments.com
Mat Loup, Head of Media Relations Media.enquiries@crownagentsbank.com
www.cabpayments.com
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FTI Consulting (Public Relations Adviser to CAB Payments) Edward Bridges Katherine Bell cabpayments@fticonsulting.com |
+44 (0) 7768 216 607 +44 (0) 7976 870 961 |
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