Singapore’s Nium to acquire Wirecard’s forex unit in India
SECTIONS
Share
Synopsis
The acquisition of Wirecard Forex will mark Nium’s entry into the Indian market, where it will directly engage in a variety of payment services, such as currency conversion, money transfer and prepaid card issuance, CEO Prajit Nanu says.
AP
Wirecard Forex India is a licensed authorised dealer under the Reserve Bank of India’s regulations and a remittances service provider in the country.
Mumbai: Singapore-based Nium has signed a definitive agreement to acquire fraud-hit Wirecard’s foreign exchange unit in India, as part of the latter’s insolvency process.
Piaggio Vehicles reopens two-wheeler dealerships across India
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Piaggio Vehicles reopens its two-wheeler dealerships across India
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.