Infibeam looks to raise up to $50 million by listing UAE step-down arm

In 2018, Infibeam Avenues Ltd. acquired UAE-based Vavian International Ltd., an online digital payment processing company, for AED 4.32 million. And since 2020, Avenues World FZ LLC, based in the UAE, has operated as a subsidiary of Vavian International Ltd.

from Banking/Finance-Industry-Economic Times https://ift.tt/zBV5asY