Bengaluru, June 22 -- A fintech firm that helps companies manage employee spends has struck a multi-year deal with one of the country's biggest state-owned banks, as it looks to move beyond prepaid cards and into the credit space. The partnership comes at a time when the company is posting strong revenue growth and drawing continued interest from some of India's most closely watched retail investors.

Shares of Zaggle Prepaid Ocean Services Limited, with a market capitalization of Rs. 2,930 crore, are trading at a price of Rs.218.5 i.e. 2.79% up from its previous closing price of Rs.212.55 It is trading at a P/E ratio of 16.43.

Zaggle Bags PNB Co-Brand Deal

Zaggle has entered into a five-year co-branding agreement with Punjab National B...