Mumbai-based mobile wallet firm becomes second fintech to go insolvent
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Mumbai-based mobile wallet firm becomes second fintech to go insolvent

By Beena Parmar

  • 22 Oct 2021
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Mumbai-based mobile wallet firm becomes second fintech to go insolvent
Credit: 123RF.com

At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in the process of raising large sums of money, a Mumbai-based mobile wallet firm, TMW Fintech Pvt Ltd is facing the danger of being liquidated under the Insolvency and Bankruptcy Code ......

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