FINO has acquired the pre-paid mobile payment business of Nokia Mobile Payment Services. Led by Founder & CEO, Manish Khera, FINO is the largest business correspondent (BC) in the country with a network of 31,000 transaction points. According to Manish Khera, a new entity Alpha Payment Services India Pvt Ltd (Alpha) will offer services such as money transfers, utility bill payments, mobile and DTH recharges, etc, to the unbanked in India, under the brand ‘Takatak Money’.
http://www.thehindubusinessline.com/industry-and-economy/banking/fino-acquires-nokias-mobile-payment-arm-in-allcash-deal/article3577442.ece
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