Reported about 17 hours ago
Flipkart’s Super.money is partnering with Kotak Mahindra Bank to transform India's free UPI payments into profitable financial services. The collaboration aims to issue up to 2 million secured credit cards within a year and offers a unique '3 in 1 Super Account' that combines savings, UPI payments, and a fixed-deposit-backed credit card. This strategic move is intended to enhance user engagement and drive revenue as Super.money targets profitability by 2026, leveraging its increasing user base and monthly revenue.
Source: YAHOO