This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning,Fintech is increasingly becoming globally distributed, and global companies are setting up new ventures in flourishing ecosystems so they don't miss out on the developments in other markets.
And Naspers plans to spend around $1 billion in India so it can replicate its blockbuster bet on China's Tencent Holdings, per. The firm is currently in talks to invest $200 million in alt lender for businesses Capital Float and payments security firm Wimbo. India's fintech scene is thriving and we'll likely see more global companies set up ventures in the region. Interest in India from foreign players in India continues to increase:
Umm StanChartIN How about dipping into the Customer Care scene sometime?