💨 Abstract

Indian startup Mintoak, a payment service provider for lenders, has acquired Digiledge, a company specializing in Central Bank Digital Currency (CBDC) and bill payments services, in a deal estimated to be worth around $3.5 million. This is the first acquisition in the CBDC space in India. The acquisition will enable Mintoak's partner banks to offer more extensive CBDC-related payment solutions to their clients.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖