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The newly launched solution will be operational across Africa, with expansion plans in place for further penetration across the continent.
The deal will take Infibeams stake in Fable to 41% and make it an associate company to the payments solutions provider.
Fintech company Infibeam Avenues reported a 12% YoY rise in consolidated profit after tax (PAT) at INR 25.46 Cr in Q1 FY24).
Today, Mastercard introduced Cross-Border Services Express, a new tool that enables financial institutions to seamlessly set up international payments for
Enables access to over 100 markets covering 90% of the world’s population with simple integration ... | April 11, 2023