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DMI Finance acquires wallet service provider Oxymoney's parent firm

Oxymoney plans rolling out pre-paid cards and expand its distribution network.

online wallet, mobile payment, online payment
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Mumbai
1 min read Last Updated : Mar 28 2022 | 2:44 PM IST
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DMI Finance has acquired a controlling stake in Prepaid Payment Instruments (PPI) company Appnit Technologies Private Ltd, which owns wallet services provider Oxymoney.

DMI Finance did not reveal the acquisition cost

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Topics : Financial products digital payment wallet Fintech sector

First Published: Mar 28 2022 | 2:44 PM IST

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