Acquisition History / Zaggle Prepaid Ocean Services Ltd / Rivpe Technology Private Limited (Rio.Money)
Zaggle Prepaid Ocean Services Ltd Acquires Rivpe Technology Private Limited (Rio.Money)
Announced July 29, 2025 — $2.5M
What happened
Rivpe Technology operates the Rio.Money fintech platform. Zaggle, an Indian spend-management fintech, announced it would acquire the entire (100%) shareholding of Rio.Money for INR 22 crore.
- Target
- Rivpe Technology Private Limited (Rio.Money)
- Announced
- July 29, 2025
- Price
- $2.5M
- Industry
- Fintech / payments
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Zaggle Prepaid Ocean Services Ltd acquire Rivpe Technology Private Limited (Rio.Money)?
Zaggle Prepaid Ocean Services Ltd acquired Rivpe Technology Private Limited (Rio.Money) on July 29, 2025. This was Zaggle Prepaid Ocean Services Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Zaggle Prepaid Ocean Services Ltd pay for Rivpe Technology Private Limited (Rio.Money)?
Zaggle Prepaid Ocean Services Ltd paid $2.5M for Rivpe Technology Private Limited (Rio.Money).
What does Rivpe Technology Private Limited (Rio.Money) do?
Rivpe Technology operates the Rio.Money fintech platform. Zaggle, an Indian spend-management fintech, announced it would acquire the entire (100%) shareholding of Rio.Money for INR 22 crore.
What other Fintech / payments companies has Zaggle Prepaid Ocean Services Ltd acquired?
Rivpe Technology Private Limited (Rio.Money) is Zaggle Prepaid Ocean Services Ltd's only publicly tracked acquisition in Fintech / payments so far.