FinTech
Infibeam Arm Gets PSP Licence From GIFT City IFSC
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SUMMARY
The listed company said that the approval will enable its subsidiary to offer escrow service, cross-border money transfer and acquire merchants via GIFT City
The PSP licence will enable the fintech company to leverage GIFT City’s regulatory advantages, create alternate sources of revenues and build newer offerings
Infibeam Avenues’ consolidated profit declined 16% YoY to INR 58.4 Cr in Q1 FY26, while operating revenue zoomed 72% YoY to INR 1,280.2 Cr
Listed fintech company Infibeam Avenues’s subsidiary, IA…
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