Zaggle to Acquire 20% Stake in Unobanc

Zaggle, a fintech company, is investing ₹7.97 Cr in Unobanc to buy a 19.9% stake.

Unobanc helps with digital cross-border payments and remittances.

This deal will help Zaggle grow its services in foreign exchange and payments.

Unobanc has a licence to do these services and has been growing its business.

Zaggle has also been doing well, with higher profits and revenue.

The deal is expected to finish in 90 days.