Uber reversed out of food tech and drove straight into fintech in India

Ananya Bhattacharya
Uber reversed out of food tech and drove straight into fintech in India

Looks like Uber drove out of food tech only to drive into fintech in India. On Feb.11, the company said it has set up a team of over 100 technology professionals at its Hyderabad tech centre, for Uber Money. The team will work on financial products and technologies including real-time earnings and debit and credit cards for Uber drivers, as well as Uber Wallet and credit cards for riders.