Spice Cash, a enterprise unit of Spice Digital and tech-enabled hyper-local funds community, claims to have achieved a feat of finishing up 12 million transactions throughout the month of April. It has generated a large gross transactional worth of Rs 2,400 crore, firmly establishing Spice Cash as a most well-liked platform to hold out monetary transactions for the unserved and underserved inhabitants within the nation, the corporate claimed in an announcement.
Spice Cash has launched new product choices and enriched current ones to additional its aim of extending digitized transactional advantages to a big part of people that have little entry to standard monetary amenities.
Dilip Modi, Chairman, Spice Cash, mentioned, “The April figures underline the sturdy progress trajectory Spice Cash has achieved over a substantial time period. We’ve strived to diversify our providers framework considerably, and have already acquired licenses akin to Pay as you go Devices License and Bharat Invoice Fee System license. We’ve additionally partnered with main service suppliers throughout verticals, akin to Yatra for travel-related transactions, to supply seamless monetary expertise. We hope to broaden our footprint even deeper in India and function the bridge between the served and the unserved, offering monetary providers to each particular person with restricted accessibility.”
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