FMO proposes $5m loan to India's Innoviti Payment Solutions

FMO proposes $5m loan to India's Innoviti Payment Solutions

An office worker looks out at commercial and residential towers under construction in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg

Dutch development bank FMO has proposed a 356-million rupees ($5 million) financing to Innoviti Payment Solutions (Innoviti), one of the leading payment solution providers in India, according to a disclosure.