PB Fintech investment: PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presence - The Economic Times

The capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansion and meeting the Reserve Bank of India's capital adequacy and net worth requirements for a payment aggregator, the company said. It added that the investment will not alter PB Fintech's ownership, with PB Pay remaining a 100% owned subsidiary.

Raccontata daeconomictimes.indiatimes.com