Fintech Platform Fidypay To Partnership With Yes Bank
FidyPay announced that they would collaborate with Yes Bank to bring in a wide range of digital facilities to enterprises, including small, medium, and large enterprises, fintech, and startup companies. FidyPay will give yes bank customers a smooth banking experience.
The company said,” With the help of such a partnership, Yes Bank plans to serve 10 million small and medium enterprises.
Partnership with Yes Bank is a significant leap for Fidypay; it will help them cater to a wider market.
Not only this, but the company is also thinking of deepening its market penetration with the help of this collaboration. The tie-up with Yes Bank will help fidypay strengthen its existing product line and become a trustworthy tech partner for banks, SMEs, startups, etc.
FidyPay will also be playing the role of solution provider to UPI.
FidyPay said they are working with the private sector lender on different use cases, including UPI, API, PA licensing, eRUPI, prepaid cards and escrow.
Manan Dixit, founder and CEO of FidyPay said, “At FidyPay, they impact the connected banking ecosystem, and they are looking forward to catering to a large group of people.
Yes Bank said that partnership is part of the banking strategy to make banking more inclusive and accessible to the customers.
FidyPay is the industry’s leading financial inclusion and digital payment company. It was founded in 2012. Arif Manji is the founder and chairman of FidyPay India, and Manan Dixit is the founder and CEO of FidyPay.
The main focus of FidyPay is financial inclusion, macro digital payment, integration, and paperless banking. The company aims to become the top digital financial inclusion and micropayment space.
Yes Bank was founded by Rana Kapoor and Ashok Kapur in 2004. They offer different facilities to their customers. Yes Bank customers get their AI-powered assistant who solves all their queries of customers.