- Briefing Your roundup of Asian tech and startup news that matter
Aya Lin · · 1 min readIn brief: Indian digital payments startup PayMate banks $25m from Visa, others
- Indian digital payment solutions provider PayMate has banked US$25 million in a series D round from Visa, Recruit Strategic Partners, and Brand Capital, Entrackr reported.
- Existing investor Mayfair 101 also participated in the round, which is set to be completed by the next two months.
- The startup plans to use the new funds to drive growth and expand its business overseas.
- Earlier this year, it announced plans to enter international markets such as the Middle East, Africa, and central and eastern Europe, in partnership with Visa.
Editing by Charmaine de Lazo
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
