Published on: April 23, 2022

FINCLUVATION

FINCLUVATION

NEWS

India Post Payments Bank (IPPB) launched the Fincluvation Platform

FINCLUVATION

  • Platform to promote innovative solutions in collaboration with fintech startups to accelerate financial inclusion among the underserved and unserved population
  • Co-create inclusive financial solutions with participating start-up
  • Industry first initiative to create a powerful platform to mobilize the start-up community towards building meaningful financial products aimed at financial inclusion

INDIA POST PAYMENTS BANK

  • Launched in 2018
  • 100% equity owned by the Government of India.
  • Payments bank of the Indian postal department
  • Works through a network of post offices and nearly 4 lakh postmen
  • Governed by the Reserve Bank of India (RBI)
  • Set up with the vision to build the most accessible, affordable and trusted bank for the common man in India
  • Providing a fillip to a less cash economy and contribute to the vision of Digital India