Niyogin Fintech’s material unlisted subsidiary -- Iserveu Technology (Iserveu) has signed a five-year contract with Central Bank of India for powering the bank's merchant acquiring operations across India. This includes the deployment and management of UPI-enabled sound boxes, alongside delivering an advanced technology stack comprising a merchant app, a robust soundbox platform, and a comprehensive back-office portal with full-scale merchant support.
Broad commercial consideration or size of the order is $10 million and is to be executed within 5 years.
Niyogin Fintech is engaged in to the business of providing financial services to small businesses, in the form of credit, working capital and innovative solutions to their business problems.
