Neobanking Startup Jupiter Money Receives Final Approval from RBI for issuance of PPI.

Banking & Finance

Tiger Global and Peak XV Partners-backed neobanking startup Jupiter has secured a prepaid payments instrument licence from the Reserve Bank of India. This will allow the Bengaluru-based startup to offer digital wallets to its users for making UPI payments, transferring funds, besides paying bills.


      Customers can operate a risk-free account and use the app for UPI and similar transactions only, Gupta added.

     

     

 

     


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