DMI Finance acquires a controlling interest in Appnit Technologies – BusinessLine

DMI Finance on Monday announced that it has acquired a controlling interest in Prepaid Payment Instruments licence holder, Appnit Technologies. “Appnit will become a subsidiary of DMI Finance,” it said. It did not disclose details about the value of the transaction. “Appnit’s customer-facing brand Oxymoney provides services including various wallet services, money transfers, AePS, utility bill payments, …

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