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- Eko India Financial Services Pvt. Ltd. is an Indian fintech company, service for State Bank of India (SBI), ICICI Bank India's two largest banks and Yes Bank, India's youngest private bank, and provides no-frills bank accounts and deposit, withdrawal and remittance services to customers (nearly 80% of whom are migrants or the unbanked section of the population) through mobile banking. With Bharti AXA Life Insurance Company, it provides Bharti AXA Life - Bachat Bima, micro-insurance policies. It was established by 2 brothers Abhishek and Abhinav Sinha and two others in 2007. It allows low-wage immigrants workers in the Indian urban areas to remit money to their homes using mobile phones. Today it has 180,000 users doing more than 6,000 money transfer transactions a day through a network of 700 "branches" (banking agents), in which neighborhood grocery and pharmacy stores serve as "Customer Service Points" (CSP), in Delhi NCR, six districts of Bihar and one district of Jharkhand state, processing Rs. 35 million every day, in 2010 more than Rs. 1 billion were processed through its branches. In 2010, it was chosen amongst the 'NASSCOM EMERGE 50 – The League of Ten for 2010' list by NASSCOM, the Indian chamber of commerce, for "50 Emerging companies which are redefining the benchmark of excellence for the next generation of SMEs." (en)
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- 150 (xsd:nonNegativeInteger)
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- Abhishek Sinha, Abhinav Sinha, Manoranjan Kumar, Sanjay Bhargava (en)
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- Abhinav Sinha (en)
- Abhishek Sinha (en)
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- Eko India Financial Services (en)
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- financial service - Mobile banking for unbanked section of the population (en)
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- Privately held company (en)
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- Eko India Financial Services Pvt. Ltd. is an Indian fintech company, service for State Bank of India (SBI), ICICI Bank India's two largest banks and Yes Bank, India's youngest private bank, and provides no-frills bank accounts and deposit, withdrawal and remittance services to customers (nearly 80% of whom are migrants or the unbanked section of the population) through mobile banking. With Bharti AXA Life Insurance Company, it provides Bharti AXA Life - Bachat Bima, micro-insurance policies. (en)
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- Eko India Financial Services (en)
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foaf:name
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- Eko India Financial Services (en)
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