Finablr PLC (LSE:FIN) agreed to acquire Bahrain Financing Company Ltd. on August 3, 2021. As part of the acquisition Finablr will acquire BFC and its subsidiaries, BFC Bahrain, BEC Exchange (Kuwait), BFC Payments and BFC Forex and Financial Services (India), will be acquired via their newly created WizzFinancial platform. BFC Group’s Managing Director and CEO Ebrahim Ezra Nonoo will join WizzFinancial and lead its international money transfer business with activity in 170 countries. The transaction is subject to regulatory approval.