Question

Name the firm that has acquired neo bank Avail Finance in March 2022?

• A. Paytm
• B. Phonepay
• C. Uber
• D. 4. Ola

Answer 1

Answer:

D. 4. Ola

• In March 2022, Ola, the ride-hailing giant, acquired Avail Finance, a neo-bank offering financial services such as personal loans, salary advances, and savings.

• The acquisition was aimed at expanding Ola's financial services ecosystem, which includes Ola Money and other fintech offerings.