OneMoney and Think360.ai to process over 15m of sachet financial products

By Leandra Monteiro

Think360.ai, an AI and analytics FinTech company, has partnered with OneMoney, an Account Aggregator. This partnership is aimed at driving the accessibility and design of sachet financial products for underbanked citizens.

With this partnership, OneMoney and Think360 can both jointly showcase their distinct capabilities in the AA ecosystem. This will eventually benefit the ecosystem to get faster adoption and growth.

This relationship is an extension of the Account Aggregator ecosystem aspirations. The rise of sachet financial products can boost affordability and revolutionise how people adopt financial services while ensuring personalised, hand-held connectivity and distribution, maintaining security and transparency at its core. This collaboration is part of the roadmap to creating a viable financial ecosystem and intends to process over 150 billion of cash flow/ transactions across the country.

Amit Das, CEO of Think360.ai said, “We have been vocal supporters of the fintech revolution and have played a key role in developing technology that simplifies and expands access to financial services in rural India. The association with OneMoney is part of the same vision to expand the financial ecosystem’s depth and breadth. This will open doors for the sachetisation of financial products and services, and drive down the cost of delivering financial products and services, leading to financial inclusion. Besides easy integration for a comprehensive solution, we believe that this will help end customers obtain credit in a faster manner that is more aligned with the needs of the citizens, especially in underserved regions.”

Krishna Prasad, Founder and CEO of OneMoney commented, “We are enthused by our collaboration with Think360.ai as the combined offering builds the right rails that deliver credit and other financial products to every citizen, at all ticket sizes, enabling the building of enduring relationships between product providers and receivers.”