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10 major Indian FinTech partnerships in October 2023

By Gloria Mathias

November 03, 2023

  • BANKIT
  • bizAmica Software
  • Bizom
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FinTech Partnerships, India, Mastercard, Bizom, Orion, FinTaar, Induslnd Bank, Viamericas, Fintech news india, fintech collaborations, Finance news, India Finance, Fintech FinTech partnerships involve technology firms bringing together the best capabilities in the FinTech industry to offer banks, NBFCS, Financial Institutions etc, next-gen digital banking and payment experiences.

These collaborations seek to accelerate digital transformation, streamline financial processes, and optimise capital management for all facets of the Financial sector.

Listed below is a compilation of 10 October-specific FinTech partnerships in India:

Under the alliance, Tagit and Veefin will combine their technologies to develop solutions that cater to the evolving needs of corporate clients and supply chain stakeholders.

Ujjivan Small Finance Bank (Ujjivan SFB) and Haqdarshak (HQ) have developed a unique financial literacy programme to bridge the knowledge divide among nano and MSME entrepreneurs.

Spice Money’s extensive Adhikari network and NSDL Payments Bank’s expertise in secure banking solutions, this collaboration is set to provide accessible and secure financial services.

Mastercard and Bizom have collaborated to extend a holistic digital supply chain financing solution to over 75 lakh micro retailers and 2 lakh distributors of consumer packaged goods (CPG) for small retailers in India.

FinTaar Technologies, along with Orion and bizAmica Software, bring with them a wide array of solutions built using AI-driven business, document, and workflow automation.

Partnering with Artivatic.AI will help Canara HSBC Life Insurance digitise the insurance processes like policy onboarding, quotations, ease of payments, pre-insurance verification, etc.

Comviva and Gnosys Skill Bridge have announced a strategic partnership to advance digital banking and payment services across India and APAC.

BANKIT, with LIC and SBI General Insurance, is poised to revolutionise the way insurance services are delivered in the remotest corners of the country.

Federal Bank and Avanti Finance have entered into a co-lending partnership to enable affordable credit access to rural, unserved, and underserved borrowers.

IndusInd Bank has collaborated with Viamericas Corporation to offer digital inward remittance services to non-resident Indians (NRIs) in the USA through IndusInd Bank’s ‘Indus Fast Remit’, a remittance service platform.

Also read: Wealth Management & Private Banking Systems Report Q1 2024

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