digital payments
Finance
RBI creates $66 mn fund to boost digital payments in smaller cities
The Reserve Bank of India has created a Rs 500-crore ($66 million) Payments Infrastructure Development Fund to facilitate digital...
TMT
IP Ventures invests in digital payments platform Escrowffrr
Trustmore Technologies Pvt. Ltd, which operates escrow-focussed digital payments platform Escrowffrr, has raised $150,000 (about...
TMT
ACI Worldwide invests in Mumbai-based Mindgate to bulk up electronic payments
Electronic payments and banking solutions provider ACI Worldwide Inc. has invested an undisclosed sum in Mumbai-based Mindgate...
Finance
Citigroup looks to expand India retail banking business with Paytm tie-up
India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product...
TMT
PayU acquires Accel-backed digital payments firm Wibmo for $70 mn
PayU, the fintech arm of South African conglomerate Naspers, on Friday announced the acquisition of digital payments firm Wibmo...
TMT
Sequoia-backed payments startup BharatPe gets new investor in Series A round
Digital payments firm BharatPe, which services offline retailers and businesses, has raised $15.5 million (around Rs 107 crore)...
TMT
NTT Data buys majority stake in payments arm of 63 Moons
Japanese IT services major NTT Data has picked a 55.35% majority stake in payment services company Atom Technologies, paving the...
TMT
Ebix acquires Business Travels, logistics marketplace Routier
EbixCash, the financial exchange unit of Nasdaq-listed software firm Ebix Inc., on Monday announced the acquisition of Business...
TMT
MobiKwik acquires online wealth management platform Clearfunds
Digital payments firm One MobiKwik Systems Pvt. Ltd has acquired online wealth management platform Clearfunds, entering a segment...
TMT
Future Enterprises to buy into mobile payments firm behind QuikWallet
Kishore Biyani-led Future Enterprises Ltd has agreed to acquire a majority stake in LivQuik Technology (India) Pvt. Ltd, a Mumbai-based...
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