FinTech Business providing Banking and digital payment solutions focused on financial inclusion for the rural population

Listing ID: BB007742
Posted By: Third party
Last Active: 1+ year ago
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Product / Service

● Withdrawal of Money (Cash can be withdrawn from desired Bank Account or EMI can be collected) ● Deposit of Money (Cash can be deposited into the Desired Bank Account) ● Cash Collection (Cash is collected on behalf of banks and corporates) ● Account Opening (Different Bank accounts can be opened) ● Transfer of Money (Cash to Bank Transfer) (Unlike Bank to Bank or wallet to wallet) ● Prepaid Cards ● Bill Payments ● and many more...

Clientele type

B2B2C business model. Agents: Any Kirana store or shop keeper can be an agent and facilitate services. Customers: End users are villagers, any one from the rural population can approach an agent and avail services from the local agents.

Premises

● Registered Office in Mumbai ● Tech Team operates from Chennai ● Sales Team from Bangalore

Asking Price Includes

Equity

Reason

Funds for Growth

Other Details

1. Vast Established Network Across Rural India: Our client has a vast network of agents and end-users which they have already established in more than 6 lakh villages which makes them a well-established player in this sector. 2. Extremely User-Friendly Digital Platform: Our Client has invested time and effort into building this Digital Platform which is easy to use and extremely inviting to the target audience. 3. Proven Formula of Penetrating Rural Markets: They have built strong goodwill with their customers and gained their trust using this model. In a very short span of time, their brand has matured which is reflected in the growth of their network. 4. Aggregator Model Set-up: Our clients model is that of an aggregator, this can scale up to multiple services and has limitless potential to push products and services alike.

Keywords

Business Tags

can be started immediately Good customer base Good Customer rapport Good relations High Potential Large Clientele Low competition Pan India Licences Potential customers Presence across country Presence in different States Profitable Quality Products with Brand name Scope of Expansion Small team Tie ups with many channel partners Tie-ups with very Big Brands Well-established Wide range of Services

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