Fino Paytech invests in fintech startup CityCash
17 Dec 2018 7:21 AM GMT
Fino will be the issuance and settlement institution of the prepaid payment instrument.
- Fino Paytech, the promoter of Fino Payments Bank, said it has invested in Mumbai-based CityCash, operated by Tap Smart Data Information Service.
- The investment is in line with Fino’s strategy of providing banking and payments solutions to emerging India, a statement said.
- The two companies will design an ecosystem, wherein Fino will be the issuance and settlement institution of the prepaid payment instrument.
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