Zaggle to buy 20% of Unobanc for up to ₹7.97 crore to expand cross-border payments
Zaggle Prepaid Ocean Services plans to acquire a 20% stake in Unobanc, a cross-border payments infrastructure firm, to strengthen forex, remittance and digital-payment offerings. The transaction is expected to close within 90 days.
Zaggle will acquire a 20% stake in cross-border payments infrastructure firm Unobanc for up to ₹7.97 crore, strengthening its India-linked forex, remittance and digital payment offerings for corporate and retail customers.
Why this matters
No related recent signals were provided; the planned Unobanc stake adds cross-border payments infrastructure to Zaggle Prepaid Ocean Services' forex, remittance and digital-payment offerings.
Retail-company signals are accelerating, up 953700% QoQ.
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