Spice Money
India's leading rural fintech that is revolutionising the way Bharat banks, operating through a network of local agent-entrepreneurs called Spice Money Adhikaris who deliver AePS, BBPS, money transfer, mini ATM, cash management, insurance, loans and other digital financial services to nanopreneurs and underbanked customers across rural and semi-urban India.
Spice Money: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 14 Dec 2020 | Undisclosed | ₹86.90 Lakh | Sood Infomatics LLP | source |
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Who founded Spice Money?
Spice Money was founded by Dilip Modi, Sanjeev Kumar, Rajneesh Arora in 2000.
How much funding has Spice Money raised?
Spice Money has raised $118.2K across 1 tracked funding round(s), most recently on 2020-12-14. Figures are compiled from cited public sources.
Who are the investors in Spice Money?
Investors in Spice Money include Sood Infomatics LLP.
What does Spice Money do?
India's leading rural fintech that is revolutionising the way Bharat banks, operating through a network of local agent-entrepreneurs called Spice Money Adhikaris who deliver AePS, BBPS, money transfer, mini ATM, cash management, insurance, loans and other digital financial services to nanopreneurs and underbanked customers across…
Where is Spice Money headquartered?
Spice Money is headquartered in Noida, Uttar Pradesh, India.
What is Spice Money's business model?
Spice Money's core value proposition centers on Zero-investment digital shop for nanopreneurs, Financial inclusion for Bharat, Lower-cost, faster cash collection for enterprises.
How does Spice Money make money?
Spice Money's cited revenue streams include Service-fee revenue on AePS/banking transactions, Subscription packs for Adhikaris, Bharat Bill Payment System (BBPS) collections.