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Trapeza

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Retail challenger bank offering prepaid cards and easy fund transfers.

Overview

Trapeza operates as a retail challenger bank in India, focusing on addressing the financial needs of underserved segments. The company offers a variety of products, including zero balance prepaid cards, fund transfer services, and a multilingual application. Its target audience includes middle-class individuals, migrant laborers, urban poor, and farmers. Trapeza integrates multiple banking instruments such as savings accounts, prepaid wallets, UPI, and bill payment services to create a financial tool aimed at improving access to financial services. The platform also seeks to facilitate fund transfers and provide access to credit by generating financial data through its services.

Key facts

Founded
2020
Headquarters
Mumbai, India

Business model

Contact

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About Trapeza

What does Trapeza do?

Trapeza operates as a retail challenger bank in India, focusing on addressing the financial needs of underserved segments.

Where is Trapeza headquartered?

Trapeza is headquartered in Mumbai, India.

When was Trapeza founded?

Trapeza was founded in 2020.

Which sector is Trapeza in?

Trapeza operates in Digital Banks, part of Financial Technology.

Who are Trapeza's competitors?

Companies similar to Trapeza include MiQo, Conta E, and Porte.