Finvasia Joins Forces with YES Bank to Launch AI-Powered Super App 'Jumpp'. Banking & Finance | Dated: 04 Feb 2025 In January 2025, Finvasia, a fintech company based in Chandigarh, Punjab, partnered with YES Bank Limited, headquartered in Mumbai, Maharashtra, to launch 'Jumpp', an AI-enabled super application (app) designed to simplify personal finance. 🎯 Key Highlights: - The 'Jumpp' app combines banking, savings, payments, investments, and borrowing into a unified, seamless platform. It allows users to effortlessly open savings accounts with YES Bank in just a few minutes. - Jumpp is specifically designed for online shoppers in Tier 2 and Tier 3 cities, delivering a smooth and user-friendly financial experience. - The app is connected to India's Account Aggregator (AA) framework, which has exceeded 100 million consents, ensuring secure and streamlined sharing of financial data. 💡 Other Important Facts: (i) Jumpp offers multilingual AI-driven assistance in English and Hindi, enabling voice-based interactions for users with limited digital literacy. It also features an AI-powered chatbot that provides personalized financial advice while incorporating advanced fraud prevention mechanisms. (ii) The app prioritizes data security, strictly complying with regulatory guidelines to protect user information and ensure privacy. (iii) Finvasia aims to onboard one million users by January 2026, focusing on expanding digital financial services beyond metro cities to reach a wider audience. 📚 Test Your Knowledge: Which fintech company recently partnered with YES Bank to launch the AI-powered super app 'Jumpp'? Correct Answer: Finvasia 🚀 Quick Recap: