World's first theme based banking by uniting multitude of promising digital startups : BranchX

By VARINDIA - 2020-06-26

World's first theme based banking by uniting multitude of promising digital startups : BranchX

BranchX, a Digital Bank designed to provide seamless digital experience with a human touch, and accessible to all spheres of society, across the nation, aims to serve as your digital partner, financial advisor, and your funds’ manager, whilst providing the consumer an effortless and efficient digital banking experience.

 

BranchX an initiative of Branchx India Pvt. Ltd. Is the first attempt by a team of visionary entrepreneurs to bring in the world's first theme based banking by uniting multitude of promising digital startups to create a functional system that shall enable the replenishing of the economy.

 

The organization strives to contribute to the nation using technology as its key catalyst. BranchX is an online bank that works just like a regular bank with banking deposits, payments and goal based savings at its core business while expanded vertical services are offered through it partner companies such as loan offering, investment and cash on demand via API.

 

This promising startup have merged three startups who are domain experts and have been operating for the last two years with its own unique customer base. These companies are Infomicrofin, Tramo and invest19. Sajid Jamal the Co-Founder of Branchx says “ Inorder for the economy to revive we need to focus on the basic services the is the need of the hour during a recessionary period.

 

First one being a digital bank offering seamless banking experience, a lending platform where all lenders are aggregated into one place, a market place connecting producers to traders and then to consumers and finally an investment ecosystem focusing on micro investment opportunities for all sect of the economy.

 

This shall help in resetting and starting economic wheel of a nation” with InfoMicrofin as the lending platform through which users can request for nano, micro, trade, or utility loans, Tramo is the domestic money transfer platform that handles all payments and provides cash on-demand to the help these migrant workers repatriate money to their loved ones in their villages.

 

Invest19 with its micro-investment plans and recommendations is the investment ecosystem that helps make secure investments for a financially flexible future, BranchX is primed and all set to revive and reset the economy of the nation.


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