India's Zaggle Prepaid Ocean Services soars on $20 mln Visa contract

Zaggle Prepaid Ocean Services

13/10/2023 08:34

** Shares of Zaggle Prepaid Ocean Services Ltd  ZAGG.NS 
rise as much as 14.7% to record high of 247.80 rupees
    ** Indian fintech firm late Thursday secured $20 mln 5-year
contract with Singapore-based unit of Visa Inc  V.N 
    ** ZAGG – which listed on exchanges on Sept. 22 – to issue
Visa co-branded forex cards to corporate clients
    ** Visa to pay ZAGG bonus for launch of cards, incentives on
forex transactions
    ** Over 4.8 mln shares change hands by 1:02 p.m. IST


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))