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Board of Weizmann Forex approves acquisition of Weizmann Impex Enterprises

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Weizmann Forex to acquire integrated payments and solutions platform JaldiCash

The Board of Weizmann Forex approved the acquisition of Weizmann Impex Enterprises. The transaction is proposed to be completed via a scheme of amalgamation and is subject to regulatory approvals. The proposed merger appointed date is 01 April 2018.

WISE, which has been authorised by the RBI to issue and operate semi-closed prepaid payment instrument in India, owns 'JaldiCash', an integrated payments and solutions platform.

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First Published: Feb 21 2018 | 8:26 PM IST

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