The payment processing company has selected four new fintech startups to participate in its Start Tank incubator in India.

US-based payment processing service PayPal has chosen four new startups for its India-based incubator Start Tank, Tech in Asia reported on Friday.

The four startups are digital wallet app developer CashFree, mobile-based customer relationship management platform D-Rewards, business-to-consumer messaging service Notifie and Ftcash, a payment processing service specifically aimed at micro-merchants.

PayPal’s incubator focuses on businesses developing financial technologies such as digital wallets, payment gateways, remittances, biometric security and financial inclusion. The four were selected from a group of 125…