- Indian fintech Spice Money partners with NSDL Payments Bank.
- They offer zero balance accounts to rural Indians.
- Spice Money utilizes its network of 1.27 million nanopreneurs.
- They equip them with NSDL Payment Bank’s “instant kits” for onboarding.
- Aims to offer instant zero-balance savings accounts in rural areas.
- Provides personalized assistance and guidance through local touchpoints.
- Aims to build trust and familiarity with formal banking channels.
- Offers essential banking facilities, including debit cards.
- Spice Money is a rural fintech based in Noida.
- Offers various digital financial services to rural citizens via a mobile app.
