Jio Financial Announces JioFinance App Enables UPI and Digital Banking Ecosystem | Photo credit: Special Arrangement
Jio Financial Services on Thursday announced the launch of JioFinance App (currently in beta), a platform for everyday finance and digital banking.
“This app seamlessly integrates digital banking, UPI transactions, bill settlement, insurance advisory and offers a consolidated view of bills and savings in a single, user-friendly interface,” Jio said in a stock exchange filing.
The JioFinance app will cater to users of all financial technology literacy levels, bringing straightforward money management to the fingertips, he added.
Future plans include expanding lending solutions, from investment fund loans to home loans, demonstrating its commitment to changing customer needs.
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The key features of JioFinance include instant digital account opening and streamlined bank management with the ‘Jio Payments Bank Account’ feature.
“We are excited to launch JioFinance App. A platform that aims to redefine the way people manage their finances today. Our ultimate goal is to simplify everything related to finance on one platform for every user across all demographics, with a comprehensive suite of offerings such as loans, investments, insurance, payments and transactions, and to make financial services more see-through, affordable and intuitive,” said a company spokesman.