Which Digital payments has acquired Wibmo recently?
Options
A. PayU
B. PayPal
C. Paytm
D. MobiKwik
Correct Answer
PayU
Explanation
PayU, Digital payments security and payment facilitator has acquired Wibmo, a US-based financial technology for USD 70 million to assist the company scale-up its business. Under the agreement, Wibmo will continue to serve all of its clients as a wholly-owned subsidiary of PayU. The accession integrates PayU's strong merchant network and "Wibmo" leadership for digital transaction security solutions to offer payments solutions in India for growth markets.
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Options
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