RCMS announces foray into fintech with the acquisition of Acemoney; offers a unified platform for cash and digital banking services

Chennai, 08.11.23: The Board of Directors of Radiant Cash Management Services Limited (RCMS) today approved the signing of the definitive agreement to acquire a majority stake in Aceware Fintech Services Private Limited (Acemoney), a leading Kochi-based fintech company. Acemoney provides comprehensive and advanced digital banking solutions designed specifically for retail outlets, cooperative banks, and cooperative societies in rural areas. Acemoney’s tech expertise and digital capabilities…