28 Oct 2025 | 5 Mins Read

Infibeam Avenues gets in-principle IFSC approval

Flipitmoney

Infibeam Avenues Ltd's subsidiary, IA Fintech, received in-principle approval from IFSCA to operate as a Payment Service Provider (PSP) at GIFT-IFSC, allowing it to offer digital payment and cross-border financial services, including escrow account operations and cross-border money transfers. This approval comes as GIFT-IFSC aims to capture over USD 500 billion in financial opportunities.