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Current company Spice Money
Financial Services · 2K employees · Noida, Uttar Pradesh, India
Spice Money is India’s pioneering Rural Fintech company and a key venture under Spice Connect. Spice Money empowers merchants and nanopreneurs, known as Spice Money Adhikaris, through technology to cater to the digital and financial needs of rural citizens. With cutting-edge tech and a wide on-ground network, it is bridging access gaps in essential services and revolutionizing the way Bharat banks.
Spice Money offers essential digital financial and e-retail services such as cash deposit and Aadhaar led withdrawals, mini ATM services, bill payments and recharge, money transfers, loans, tours and travel and more to the rural citizens through Spice Money Adhikari App (available on Google play store with an industry best rating of 4.4) and Web portal.
The Spice Money network, comprising more than 1.3 Million Adhikaris, covers 2,50,000 villages which is more than 18,000 pin codes, 700 districts and 5,000 blocks, serving over 10 crore households. In fact, the network now covers 95% rural pin codes in India.
In December 2020, Spice Money joined hands with actor and philanthropist Sonu Sood with a shared vision of harnessing the power of tech to promote entrepreneurship among the rural and semi-urban population. The company reinvented itself into a new identity – Spice Money to Life Bani encapsulating the brand philosophy of bringing real change in the lives of its customers & Adhikaris.
Spice Money aims to be the largest Fintech for Good Platform delivering last mile financial & digital services to digitally & financially empower Nanopreneurs in Emerging India.
We aim to provide much needed access to essential financial services for Rural communities in the remote corners of the country. Spice Money, also has an Open Network for Assisted Digital Distribution platform wherein we can integrate multiple partners and take their services to the last mile with the help of our network of Adhikaris.