Payments

The company targets the enormous potential in the global cross-border payment market.

Apis Partners invests between USD 30 million and USD 50 million in capital-efficient businesses in India, Southeast Asia, and African countries.

They are turning Singapore into their latest battleground in a pursuit for primacy in the region of Southeast Asia.

Amazon Pay has signed up close to five million merchants, it said last month.

PhonePe plans to become profitable and file for an IPO over the next few years.

BharatPe was valued at USD 900 million earlier this year when it raised USD 108 million in Series D round.

Ant Group and MYbank will continue to support the research, development, and trials of the PBOC’s e-CNY.

Even before the investment, Gojek and Telkomsel have been working together for some time.