CAB Payments CEO Bhairav Trivedi steps down after 80% value drop post-LSE debut, succeeded by Neeraj Kapur.

CAB Payments CEO Bhairav Trivedi is stepping down following an 80% value drop after the company's debut on the London Stock Exchange. Trivedi will be succeeded by Neeraj Kapur, who joins the company in the coming month. Trivedi will remain as a strategic adviser during Kapur's transition. CAB Payments anticipates a 25% increase in total income for 2023 compared to the previous year.