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April 15, 2019

Bengaluru: PayU, an online payment service provider and Naspers’ fintech arm, on Friday announced the acquisition of Wibmo, a Silicon Valley startup that works on digital payment security and payment enablement on smartphones. The deal was valued at around $70 million, according to a statement by PayU.

Post acquisition, Cupertino-based Wibmo will continue to operate and serve all its clients as a wh...

January 1, 2019

Innovation drives progress by disrupting the status quo and forcing established players to raise their game. However, innovation can also be destructive if it is not managed properly and financial innovation (fintech) is no exception.

New technologies developed by fintech startups and the major Silicon Valley firms are making banking and financial services more efficient and accessible than ever bef...

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February 8, 2019

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