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Xpay.Life, a digital cost options firm, is planning to rent 150 workers within the subsequent few months, taking the overall to 250.
The Bengaluru-based fintech firm affords banks and utility service corporations quite a lot of cost options, serving to them to succeed in out their prospects in distant areas.
The agency has thus far supplied about 100 cell kiosks to cooperative banks and regional rural banks. “We’re planning to introduce 200-300 vans on this monetary 12 months,” Rohit Kumar, Chief Govt Officer of Xpay.Life, has stated.
“They act as an extension of the financial institution, providing quite a lot of cost choices to its prospects. The operational prices are low because the vans use solar energy to maintain the monetary transactions,” he stated.
Addressing a press convention right here on Thursday, he stated that the service suppliers can ship the vans to a selected places on choose days enabling prospects to make funds and withdraw money. “They will additionally use it for pay payments of different service suppliers, together with energy, DTH and LPG sellers,” he stated.
The bootstrapped firm has invested about ₹22 crore thus far.
Deepak Ananth, Chief Working Officer of Xpay.Life stated that the corporate noticed good alternatives for its companies in States like Orissa, Jharkhand and Bihar.
Revealed on
April 21, 2022
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