India: The Mobile Wallet acquires Kae Capital-backed Trupay

Photo by Jonas Leupe on Unsplash

The Mobile Wallet Pvt. Ltd, a digital wallet and pre-paid cards company, has acquired Kae Capital-backed Trupay to integrate the latter’s UPI (Unified Payments Interface) and quick response (QR) code-based payments stack with its platform, the two companies said Tuesday.

The financial terms of the deal were not disclosed.

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