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Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing. Revenues of the Aggne Group are $4.5 million for calendar year 2021, $9.1 million for 2022, and $17.9 million 2023.
The regulator has asked insurance companies to focus on developing products and solutions for new-age, tech-savvy customers.
Luma Financial Technologies (“Luma”), an award-winning independent multi-issuer structured products and alternatives platform, has appointed Gabriel Stoll as Head of Business Development and Sales for Switzerland.
Today, the Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, announced expansion of its membership, adding four new organizations.
Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets.