Indian startup Mintoak, backed by global payments giant PayPal Holdings Inc. (NASDAQ:PYPL) has acquired fintech player Digiledge, marking the first acquisition in the country’s developing central bank digital currency space.
What Happened: Mintoak, a provider of merchant payment services, has finalized the purchase of Digiledge, a firm specializing in CBDC and bill payment services, for around $3.5 million. Reuters reported Monday.
The Reserve Bank of India, India’s …
Full story available on Benzinga.com