 As there was no more requirement of the wallet license, in February 2017, the company gave up its RBI issued prepaid wallet license, discontinuing all its B2C payments activity and focus only on B2B payments opportunities across geographies.PayMate acquired the lending solution Zaitech Technologies Pvt.Ltd in 2018, which when combined with its proprietary B2B payments platform will revolutionize the way businesses manage their payment operations, cashflow, and get access to growth capital.