UK > India based YES BANK is set to open representative offices in UK and Singapore

YES Bank logo The fourth largest private sector bank in India, YES BANK, is set to open two representative offices in London and Singapore after receiving permission from Reserve Bank of India (RBI) to cater to the NON Resident Indian (NRI) population. YES BANK is venturing into international territory to expand services after a first representative office in Abu Dhabi in April 2015. More …

SWITZERLAND > India based Servion acquires Switzerland based Innoveo AG

Servion logo   Everstone Group’s India based company, Servion is set to acquire Zurich based startup Innoveo AG which is a technology platform to help insurers digitalize. Primarily active in India and Southeast Asia, Servion is a company that helps businesses digitalize. According to Puneet Pushkarna, Chairman, Servion Global Solutions and new Chairman of Innoveo AG:  “Innoveo’s cutting-edge solutions, backed by their More …

UK > USA based TransUnion is set to acquire UK based Callcredit for £1 billion ($1.4 billion)

transunion logo Expanding its international position, USA based TransUnion is set to acquire Callcredit Information Group Ltd. which is the second largest and the fastest growing consumer credit bureau in the UK. Callcredit is headquartered in Leeds, UK and was founded in 2000. Callcredit provides data, analytics and technology solutions to help businesses and consumers make informed decisions. According to Jim Peck, More …

UK > Canada based Optimal Payments Plc. is set to acquire London based Skrill for €1.1 billion (US$1.3 billion)

Optimal Payments logo A global provider of online and mobile payment processing services, Optimal Payments Plc., is set to acquire Skrill Group. Skrill Group is a subsidiary CVC Funds and other shareholder and Optimal is set to acquire Skrill for approximately €1.1 billion (US$ 1.3 billion). Skrill is one of the leading digital payment of Europe business that provide digital wallet solutions and More …

FRANCE > MoneyGram.com is now available to customers sending money from France and Spain

moneygram logo Enabling customers to stay financially connected in over 200 countries with just a few clicks on a mobile device or a tablet, MoneyGram.com is now available to customers sending money from France and Spain. MoneyGram’s digital business reached its goal of 15% of total money transfer revenue in the third quarter of 2017 and it grew 23% from last year. More …

SINGAPORE > Japan based AOI TYO Holdings Inc. invests $5 million in the VC firm Spiral Ventures

AOI TYO Holdings logo Investing $5 million in Spiral Ventures, Japan based AOI TYO Holdings has entered into the Asian market. After its establishment in February 2013, Spiral Ventures Pte. Ltd. mainly invests in startups in the early to growth stage in Southeast Asia in the areas which have high target rates for economic growth. While maintaining strict risk management and compliance, including the More …

INDONESIA > International provider of digital financial solutions, Wirecard has won Shell Indonesia as a new customer for Fleet cards

Shell logo To optimize the digital financial processes on one platform for Shell Indonesia, it has selected Wirecard, the international provider of digital financial solutions. Wirecard’s state-of-the –art fleet operations management with a special focus on control and efficiency will benefit Shell and the new Fleet card solution can be used for all purchases at Shell petrol stations throughout Indonesia. Intended to More …

BRAZIL > London based Xpress Money partners with Brazil based Confidence Corretora De Câmbio S.A. to increase network in Latin America

xpress money logo One of the fastest growing money transfer brands, Xpress Money has teamed up with a renowned Brazilian brand based Confidence Corretora De Câmbio S.A. that offers services such as solutions for individuals to buy foreign currency, exchange international checks, pay bills abroad, and send and receive money from abroad. With the new partnership, Xpress Money boasts a strong network of More …