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Wibmo buys payments technology startup

Wibmo Inc., a payments-focused financial technology company, has acquired Mypoolin, an India-based payments technology startup, VCCircle reported, citing a statement from the companies.

The size of the cash-and-stock deal was not disclosed.

Mypoolin will still operate its Bangalore, India team as a subsidiary of Wibmo. The cofounders and employees of Mypoolin will join Wibmo.