The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation
With a larger portfolio of loan products, our objective is to provide credit to over 180 million New-to-Credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that
The city-based company saw a lot of traction from edtech and fintech enterprises even as the traditional customer-centric sectors like taxi and grocery delivery saw a dip in the first 4-5 months of 2020.
The mobile application offers a combination of facilities of a payment app such as enabling customers to pay to any UPI (Unified Payments Interface) ID or merchants, paying bills and do online recharge among others