India Post Payments Bank (IPPB), a 100% government owned entity under Department of Posts (DoP) announced the launch of ‘Fincluvation’ initiative. It is a joint initiative to collaborate with Fintech Startup community to co-create and innovate solutions for financial inclusion.
Fincluvation invites startups to Participate, Ideate, Develop and Market intuitive and tailored products and services that can be taken to the customers.
Startups are encouraged to develop solutions aligned with any of the following tracks-
Creditization - Develop Innovative & Inclusive credit products aligned with the use cases of target customers and take them to their doorsteps through Postal network.
Digitization- Bring convenience through convergence of traditional services with Digital Payment Technologies.
Any Market-led solutions that can help solve any other problem relevant to IPPB and/or DoP in serving the target customers.
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