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Muthoot FinCorp ONE, India’s 138-year-old financial group’s digital platform, hit 2 million monthly users by expanding financial access to unbanked Indians via a phygital model.
Muthoot FinCorp ONE, the digital platform of India’s 138-year-old Muthoot Pappachan Group, has surpassed 2 million monthly active users and become a full-scale financial marketplace.
Combining over 3,750 physical branches with a unified digital app, it offers loans, investments, savings, payments, and insurance through a phygital model.
The platform targets India’s 500 million unbanked adults, with nearly half of its users being new to credit, aiming to expand financial inclusion.
Strategic partnerships with SBI Cards, Axis Bank, Bajaj Finance, and others help deliver affordable, regulated financial services across tier-3 cities and semi-urban areas.
Muthoot FinCorp ONE, la plataforma digital de 138 años de antigüedad del grupo financiero de la India, alcanzó los 2 millones de usuarios mensuales al ampliar el acceso financiero a los indios no bancarizados a través de un modelo phygital.