PB Fintech Sets Up Paisabazaar Middle East Unit In Dubai

PB Fintech Ltd. has established a new step-down subsidiary, Paisabazaar Middle East Marketing LLC, in Dubai, the company said in an exchange filing on Wednesday. The entity will be a wholly owned subsidiary of PB Fintech FZ LLC.

Paisabazaar Middle East will focus on marketing management, financial technology, and commercial information services. PB Fintech FZ LLC has infused around ₹24.00 million in the unit's share capital to complete the acquisition.