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RBI creates $66 mn fund to boost digital payments in smaller cities

Finance

05 June, 2020

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 payments ......

IP Ventures invests in digital payments platform Escrowffrr

TMT

09 January, 2020

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 Rs 1.06 crore) from Inflection ......

ACI Worldwide invests in Mumbai-based Mindgate to bulk up electronic payments

TMT

03 June, 2019

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 Solutions Pvt. Ltd ......

Citigroup looks to expand India retail banking business with Paytm tie-up

Finance

14 May, 2019

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 base while ......

PayU acquires Accel-backed digital payments firm Wibmo for $70 mn

TMT

12 April, 2019

PayU acquires Accel-backed digital payments firm Wibmo for $70 mn

Online payment company PayU, a subsidiary of South African media and e-commerce group Naspers, said on Friday its has acquired ......

Sequoia-backed payments startup BharatPe gets new investor in Series A round

TMT

04 April, 2019

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) in a ......

NTT Data buys majority stake in payments arm of 63 Moons

TMT

27 November, 2018

NTT Data buys majority stake in payments arm of 63 Moons

Japanese IT services major NTT Data has picked up a majority stake in payment services company Atom Technologies, paving the ......

Ebix acquires Business Travels, logistics marketplace Routier

TMT

23 October, 2018

Ebix acquires Business Travels, logistics marketplace Routier

Nasdaq-listed software firm Ebix Inc. has struck two more acquisitions in India, buying Business Travels Pvt. Ltd to expand its ......

MobiKwik acquires online wealth management platform Clearfunds

TMT

11 October, 2018

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 where bigger ......

Future Enterprises to buy into mobile payments firm behind QuikWallet

TMT

03 October, 2018

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 ......