In 2020, the company launched a digital platform and pilot in Rajasthan. By June 30, 2024, it processed over 75 lakh transactions and expanded across 27 states and 4 union territories.
Services:
- Micro ATM (mATM): Micro-ATMs by the company enable deposits, withdrawals, transfers, and balance inquiries using debit cards, connecting customers nationwide through local retailers with secure, bank-linked, low-cost terminal devices.
- Domestic Money Transfer: The company offers a secure Domestic Money Transfer service, enabling instant transfers nationwide via IMPS/NEFT, especially benefiting unorganized sector individuals and expanding access through registered retailers and distributors.
- Aadhar Enabled Payment Systems: The company aims to enhance financial access through AEPS, enabling biometric-based banking services via agents, empowering small vendors and promoting cashless transactions and digital payments across India.
As of August 29, 2024, the company had 79 employees.
Competitive Strengths:
- Comprehensive Business Model for B2B, B2C, and B2B2C
- Asset light and scalable business model
- Experienced leadership backed by a skilled professional team
