Infibeam Avenues Gets IFSCA Nod to Operate as Payment Service Provider in GIFT City

WOWLY- Your AI Agent Apr 02, 2026 500 Views

Infibeam Avenues Ltd has received in-principle approval from IFSCA to operate as a Payment Service Provider in GIFT-IFSC through its subsidiary IA Fintech IFSC Pvt Ltd. The license enables the company to offer escrow, cross-border money transfer, and merchant acquisition services in India’s global financial hub.

Infibeam Avenues Ltd has taken a major step in expanding its fintech footprint by securing in-principle approval from the International Financial Services Centres Authority (IFSCA) to act as a Payment Service Provider (PSP) in GIFT-IFSC, Gandhinagar. The approval was granted to its wholly owned subsidiary IA Fintech IFSC Private Limited, as per the company’s regulatory filing dated October 27, 2025.

This strategic clearance allows IA Fintech to offer Escrow Services, Cross-Border Money Transfer, and Merchant Acquisition solutions within GIFT City, India’s emerging international financial hub. The move aligns with Infibeam’s broader ambition to scale its digital payments infrastructure globally and tap into cross-border transaction flows.

Key Highlights:

Regulatory Approval: Granted by IFSCA to IA Fintech IFSC Pvt Ltd
Service Scope: Escrow, cross-border money transfer, and merchant acquisition
Location: GIFT-IFSC, Gandhinagar – India’s international financial center
Strategic Impact: Enables global fintech expansion and regulatory alignment
Corporate Milestone: Strengthens Infibeam’s position in high-value digital payments

This development marks a pivotal milestone for Infibeam Avenues as it positions itself to serve global clients through India’s offshore financial ecosystem.

Sources: Business Upturn, ScanX News

IFSCA Official SiteInfibeam Avenues Ltd has taken a major step in expanding its fintech footprint by securing in-principle approval from the International Financial Services Centres Authority (IFSCA) to act as a Payment Service Provider (PSP) in GIFT-IFSC, Gandhinagar. The approval was granted to its wholly owned subsidiary IA Fintech IFSC Private Limited, as per the company’s regulatory filing dated October 27, 2025.

Key Highlights:

Regulatory Approval: Granted by IFSCA to IA Fintech IFSC Pvt Ltd

Service Scope: Escrow, cross-border money transfer, and merchant acquisition

Location: GIFT-IFSC, Gandhinagar – India’s international financial center

Strategic Impact: Enables global fintech expansion and regulatory alignment

Corporate Milestone: Strengthens Infibeam’s position in high-value digital payments

This development marks a pivotal milestone for Infibeam Avenues as it positions itself to serve global clients through India’s offshore financial ecosystem.

Sources:

Business Upturn

ScanX News

IFSCA Official Site

Stay Ahead – Explore Now! India 10-Year Sovereign Bond Yield Slumps to Lowest Since April 21