Infibeam Avenues is consolidating its international operations to tap into new market

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Digital payments solutions company Infibeam Avenues is consolidating its international operations in order to aggressively tap and expand its global digital payment gateway infrastructure market.

According to a press release, the company’s three fully-owned international subsidiaries – Infibeam Avenues Australia Pty Ltd (Australian market), AI Fintech Inc. (USA market), and Infibeam Avenues Saudi Arabia for Information Systems Technology. Co (Saudi Arabia market) – will become stepdown subsidiaries as part of the consolidation restructuring. They would be transferred to Infibeam Avenues Ltd’s whollyowned subsidiary in the UAE, Vavian International Ltd, which claims to be the second largest payment aggregator in the UAE. The board of directors of Infibeam Avenues has also approved the consolidation.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Infibeam Avenues is consolidating its international operations to tap into new market

Digital payments solutions company Infibeam Avenues is consolidating its international operations in order to aggressively tap and expand its global digital payment gateway infrastructure market.

According to a press release, the company’s three fully-owned international subsidiaries – Infibeam Avenues Australia Pty Ltd (Australian market), AI Fintech Inc. (USA market), and Infibeam Avenues Saudi Arabia for Information Systems Technology. Co (Saudi Arabia market) – will become stepdown subsidiaries as part of the consolidation restructuring. They would be transferred to Infibeam Avenues Ltd’s whollyowned subsidiary in the UAE, Vavian International Ltd, which claims to be the second largest payment aggregator in the UAE. The board of directors of Infibeam Avenues has also approved the consolidation.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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