BANKIT
Curated by SignalAgent-based payments platform enhancing financial access for underserved populations.
Overview
BANKIT operates an agent-based payments platform aimed at improving financial accessibility for the underbanked population in rural and semi-rural areas of India. The platform utilizes a network of authorized agents to facilitate various financial transactions, such as domestic money transfers, bill payments, and Aadhaar-enabled payment systems. It seeks to address the challenges of financial inaccessibility by providing essential services to individuals who do not have access to traditional banking. BANKIT's commercial model includes partnerships with retailers, enabling them to earn commissions while extending the reach of digital financial services.
Key facts
- Founded
- 2010
- Headquarters
- Noida, India
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 12 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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