India’s Reliance Group launches financial services super-app JioFinance

June 4, 2024

Jio Financial Services states that the app, which has been launched in beta and is currently inviting “user input for refinement”, will provide users with a “consolidated view of accounts and savings” and enable customers in India to execute UPI transactions, settle bills, engage in digital banking, and access insurance advice, all within a single unified interface.

Looking ahead, Jio Financial Services has revealed that it intends to expand the app’s offerings to include loan solutions, with the aim to initially provide loans against mutual funds followed by the introduction of home loans.

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