The payments and fintech group has allocated a total of $23m to investments in fintech startups and verticals in India.
United Arab Emirates-based payments technology developer Oma Emirates announced yesterday it will invest a total of $23m in fintech startups and verticals in India, according to the Economic Times.
The company will invest a total of $3m in fintech startups that have been operational for less than a year, while the remaining $20m will go towards fintech verticals and other areas that are of interest to Oma Emirates’ existing product suite.
The corporate will also offer technology, R&D, best practices…
