WebJun 16, 2024 · Ebix has purchased 27 companies since 2024. Its largest and most recent acquisitions were Via, an online travel business, Itzcash, an online payment provider that … WebJul 26, 2024 · Bengaluru: US-based Ebix, which recently acquired 80% stake in Mumbai-based fintech firm ItzCash for Rs 800 crore, has committed $100 million, or about Rs 644 crore, for investments and acquisitions in India. "Ebix has set up an aggressive growth path ahead of itself, both in terms of revenues and operating income," said Robin Raina, chief …
EbixCash e-Wallet
WebEbixCash has today emerged as the airport of financial transactions in India. With a ‘Phygital’ strategy (physical experience with digital backend) that combines more than … WebSep 21, 2024 · Ebix said that it has funded the deal using its own cash and did not use the services of any merchant banker. Ebix which is a software exchange for insurance services in the United States is a Nasdaq listed entity and made its foray into the Indian payments space through the acquisition of ItzCash. It took a 80% stake in ItzCash for $123 million. extended stay lincolnshire il
wall street finance: ItzCash parent Ebix acquires Paul Merchants …
WebFeb 11, 2024 · As India embarked on the financial sector's digital transformation starting with demonetization in 2024, Ebix acquired Itzcash, an e-wallet, bill payments, and remittance player. WebAug 26, 2024 · On May 24, 2024, EBIX announced the largest acquisition in its history, agreeing to pay $120M for ItzCash. One month later, EBIX committed to spend another … WebMay 24, 2024 · ItzCash, which provides services such as prepaid cards, bill payments and remittance, serves almost 75 million consumers and 1,500 plus companies on its integrated payments solutions infrastructure. buchholz bad honnef