Arvog Forex has been acquired by Revolut India, the India incorporated entity of UK’s fintech firm Revolut, according to the statement.
Arvog Finance (Finkurve Financial Services Limited), the rapidly growing smart-tech-enabled diversified finance and venture growth Investment Company has divested its forex subsidiary to tighten focus on fintech ops and venture growth, according to the company’s statement.
About the divestiture, Bhavna Bafna, Director at Arvog Forex, said, “Arvog Forex has successfully built a solid portfolio of clients through its wide presence and attractive value proposition. Its acquisition by a top global financial services giant comes as a recognition of the value it continues to create for its key stakeholders. Our decision is driven by a desire to double down on our core value proposition to our customers and our partners in the ecosystem.”
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