Indian mobile payments firms raised US$1.5bn in funding in 2017

Investors shift focus to mobile payments, last mile payment firms — Business Standard — “Mobile payments alone gathered close to $1.51 billion in the year 2017 through 13 rounds of funding, according to data compiled by Tracxn. Investors say that the money is going beyond wallet businesses now into last mile solutions because the payment systems are maturing and the industry is leaping into the next stage where collaborations happen and solutions are end-to-end.”







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