Fintech

Ambani opens the fintech battle and launches JioFinance app

Published

8 months ago

on

Indian conglomerate Reliance Group is taking its boldest step yet into consumer financial services with the launch of JioFinance, an app that aims to be a one-stop shop for digital payments, loans and insurance.

The app, currently in beta, will allow users to pay bills, access digital banking services and receive insurance advice, Jio Financial Services said in a statement.

Jio Financial Services, part of Indian tycoon Mukesh Ambani’s Reliance Group, said the app will eventually offer lending and credit services backed by collateral such as mutual funds. This marks Ambani’s clearest move to capture a slice of India’s fast-growing fintech market.

This story is developing. More to follow.

Source

Related Topics:

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

Trending

Exit mobile version